CBOE Bitcoin Futures Trade Near $18,000; ‘Speculative Mania’ Carries Volume Past 3,400 XBT

As CCN reported, CBOE launched its hotly-anticipated bitcoin futures contracts on Sunday, becoming the first regulated U.S. exchange to provide traders and investors with access to this product. Though volume was much lower than activity on bitcoin exchanges — in part due to the fact that many brokers restricted client access — a CBOE executive noted that its volume was quite respectable when placed in the context of other nascent futures products. The launch was not without its hiccups. Bitcoin’s rapid price swings flipped CBOE’s “circuit breaker” on several occasions,…

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