Cboe Futures Exchange (CFE) announced on Thursday, March 14th that it will not add new markets to Bitcoin futures this month. According to the company, it needs to understand its own approach to the cryptocurrency ecosystem.
CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading.
CFE Message to Investors
At the same time, the exchange declares that already placed contracts for Bitcoin futures remain available for trading. This means that the last of the listed contracts, XBTM19, will expire in June of this year.
Bitcoin futures trading on the CBOE started in December 2017, at the peak of prices for the first cryptocurrency.