JP Morgan Chase & Co.

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Institutional and Retail Bitcoin Futures Demand Continues to Climb

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2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures have … Read more

Bitcoin Futures Flat as Contracts Move Short and Merrill Lynch Imposes Ban

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The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm,  reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be … Read more