The first day of trading for CBOE's bitcoin futures contracts is over and the day largely went according to plan, according to its CEO.
The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk's Bitcoin Price Index (BPI)
CBOE's chief executive is pushing back at suggestions that the exchange's newly-launched bitcoin futures market was hastily done.
Having landed on Wall Street with a bang, bitcoin is solidly bid and looks set to scale new heights.
The CBOE's website became unavailable just as it launched its first bitcoin futures contracts on Sunday.
Cboe may use information gleaned from futures trading to make a case to the Securities and Exchange Commission to allow bitcoin-linked ETF.
Days before a major futures product launch, bitcoin suffered heavy losses Saturday, a trend that so far appears to be continuing into Sunday.
Bitcoin was among the worst performing assets in the 6:00 UTC to 12:00 UTC trading session on Friday
Bitcoin prices are taking a hit in the early U.S. session today, after a record spike to over $17,000 yesterday.
Should the prospect of regulated futures trading be pushing up the bitcoin price? CoinDesk's Noelle Acheson isn't quite so sure.