US stock market starts into increased futures competition
The ranks of exchanges are slowly growing and thriving, including futures on the Bitcoin price in their portfolio. The same applies to derivative instruments such as options or exchange-traded funds in connection with cryptocurrencies such as Ethereum and of course Bitcoin. For many industry observers, the gradual introduction of crypto futures is an essential indicator of the increasing contact points between the traditional financial world and the crypto market. Because futures on products such as bonds or shares have been popular on the international stock exchanges for many years.
In addition to futures, BTC options can also be traded
In the United States, customers have often been left behind with futures because the relevant authorities were concerned about the hoped-for approval. There are now several competitors who offer their customers BTC futures in addition to normal crypto trading with coins such as Litecoin or Ripple. Some vendors also announced more products early in order to expand their trading scope. While, as mentioned, some exchanges had to exclude US customers from their new trading models due to regulations, the operator Bitnominal can also directly enter the US business.