LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
The settlement price was $8,055.68, as determined by the 4:00 p.m. ET Gemini1 Exchange bitcoin auction.
Cboe bitcoin futures, the first regulated futures of their kind, launched on December 10, 2017. As of April 18, 2018, more than 557,000 contracts have traded across expiries since the launch, representing a notional value of over $5.7 billion.
The contracts, which are cash-settled, were specifically designed to allow participants to implement straightforward trading strategies through settlement to a single, tradable auction price as calculated by Gemini.