Cboe Eyes More Crypto Offerings as Demand Rises: Report

Cboe Global Markets is looking to broaden its return to cryptocurrency by introducing more products and possibly re-listing futures, according to CEO Ed Tilly.

  • Tilly Bloomberg in an article published Thursday the exchange holding company has not “given up” on bitcoin futures despite prior aborted attempts in the space.
  • Cboe started listing bitcoin futures in 2017 but its offering two years later.
  • The exchange also officially to list shares of VanEck’s bitcoin exchange-traded fund (ETF) March 2 in hopes VanEck’s to the U.S. Securities and Exchange Commission (SEC) is approved.
  • “We’re keen on building out the entire platform. There’s a lot of demand from retail and institutions and we need to be there,” Tilly said.
  • Chicago Mercantile Exchange (CME), a Cboe rival, live with its futures contract for in February.
  • Institutional interest in cryptocurrency has surged in recent months, with several banking giants positive sentiment and a growing number of companies have introduced investment products like ETFs

See also:

Bitcoin Options Traders Position for Gains (to $80K?) in Historically Bullish April

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