CME will not Issue Physically-Settled Bitcoin Futures
Tim McCourt, global head of equity index and alternative investment products at CME told about this in an interview.
Since we launched bitcoin futures in December 2017, the number one demand from customers has been for options on our futures,” McCourt was quoted as saying in the interview, adding: “The institutional interest in bitcoin is growing but they need time to become familiar with the market and get approval to use new products.
Earlier we wrote that the demand for Bakkt futures turned out to be rather weak, especially in comparison with the enthusiasm about derivatives on CME and СВОЕ during the launch.