NYSE Owner Launches Long-Awaited Bitcoin Futures
Intercontinental Exchange bets consumers, businesses and Wall Street will embrace cryptocurrencies
The owner of the New York Stock Exchange launched its long-delayed market for bitcoin futures Sunday, a high-profile bet that consumers, businesses and Wall Street will embrace cryptocurrencies.
Trading in the new bitcoin futures began just after 8 p.m. EDT, with the first trade at $10,115.00, in line with the current price of bitcoin, said a spokesman for the exchange’s parent company, Intercontinental Exchange Inc. Futures let traders bet on whether an underlying market such as oil, gold, stocks or currencies will rise or...