TLDR
The introduction of Bitcoin futures contracts by CME Group and Cboe Global Markets in late 2017 has changed this by offering an attractive investment vehicle. Futures are financial contracts that represent an investor’s agreement to buy or sell an asset at a predetermined future date and price. When the contract expires, the asset is bought or sold at the stipulated price, whatever the market rate may be. In December 2017, one Bitcoin reached $19,000 in value, and the market as a whole had a market cap above $700 billion.via the TL;DR App
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Written by Giancotti | CEO of Alluva, Co-founder of Oddup
