Cboe Eyes More Crypto Offerings as Demand Rises: Report

CEO Ed Tilly told Bloomberg Thursday Cboe has not "given up" on bitcoin futures despite prior aborted attempts in the space.

AccessTimeIconMar 25, 2021 at 9:30 a.m. UTC
Updated Sep 14, 2021 at 12:31 p.m. UTC

Cboe Global Markets is looking to broaden its return to cryptocurrency by introducing more products and possibly re-listing bitcoin futures, according to CEO Ed Tilly.

  • Tilly told Bloomberg in an article published Thursday the exchange holding company has not "given up" on bitcoin futures despite prior aborted attempts in the space.
  • Cboe started listing bitcoin futures in 2017 but ended its offering two years later.
  • The exchange also officially filed to list shares of VanEck's bitcoin exchange-traded fund (ETF) March 2 in hopes VanEck's application to the U.S. Securities and Exchange Commission (SEC) is approved.
  • "We're keen on building out the entire platform. There's a lot of demand from retail and institutions and we need to be there," Tilly said.
  • Chicago Mercantile Exchange (CME), a Cboe rival, went live with its futures contract for ether in February.
  • Institutional interest in cryptocurrency has surged in recent months, with several banking giants expressing positive sentiment and a growing number of companies have introduced investment products like ETFs in the space.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

Read more about