Bitcoin Contracts Are Still Tiny in the World of Commodity Futures
- Just over $50 million traded in first 15 hours after open
- Nasdaq 100, copper futures move more than $3 billion apiece
Cboe CEO Says Bitcoin Launch Is 'Business as Usual'
This article is for subscribers only.
The first reliable lens into tick-by-tick liquidity for bitcoin shows a financial commodity that is still a baby relative to its peers.
From 6 p.m. Sunday to 9:30 a.m. today in New York, 2,923 contracts changed hands in a total of 2,494 trades, representing an overall value of $50.2 million, data compiled by Bloomberg show.