Derivative markets will always be orders of magnitude larger than spot markets.
ErisX Takes on Bakkt With Launch of Physically Settled US Bitcoin Futures
Crypto derivatives platform ErisX is officially live with its physically settled bitcoin futures contracts, launching only the second such product suite in the U.S. The company announced in a market notice Monday that its “Futures Digital Currency Products” would begin trading Tuesday, starting 8:00 a.m. Central Time (14:00 UTC). The marketplace’s daily trading hours run to 4:00 p.m. CT (22:00 UTC). In a pair of announcements shared exclusively with CoinDesk, the company elaborated on its new products, noting they would be trading alongside the company’s existing crypto spot exchange. ErisX is only the second ... (full story)