CME Group's launch of Bitcoin futures makes it "legit," the mainstream press reports after the virtual currency hit Wall Street Tuesday.
Bloomberg said the "floodgates have been opened."
"Bitcoin is going legit, for better or worse , "It writes today.
The move is an unexpected one, coming soon after CME said it had no plans to launch Bitcoin integration last month.
Customer hunger to get in on the craze, (19459003)
"Increasing interest in the evolving cryptocurrency markets, we have decided to introduce a Bitcoin future contract," Terry Duffy, CME Group Chairman and CEO said. in a press release. 459003]
"As the world's largest regulated FX marketplace, CME Group is the natural home for this world to provide investors with transparency, price discovery and risk transfer capabilities."
] While still having the experience of having the right to interact with the market, the market has not been reduced to a certain extent.
Prices reached all-time highs immediately after the announcement, hitting $ 6,449 on Bitstamp and remaining around these levels of