Bitcoin Futures: The Catalyst that Sends Bitcoin Price Soaring?

On December 10, the Chicago Board Options Exchange (CBOE) is launching trading in Bitcoin Futures; eight days later, CME Group Inc (NASDAQ: CME) is doing the same. These exchanges will allow traders and institutions to speculate on the future price of Bitcoin, as well as hedge against it.

There is growing chatter that a number of hedge funds are salivating at the idea of the opportunity to bet against the Bitcoin price using Bitcoin Futures. There have been a number of.

The post Come December 10, Shorting Bitcoin Futures May Prove Ill-Advised appeared first on Profit Confidential.

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