Some misinformation here, you don't need to purchase an asset to hold a contract in it (or write one). A future is a derivative in the future price of an underlying, be it a month, year, or years in advance. The adoption of a futures market will allow for hedging risk in the crypto world, by for example, holding bitcoin while shorting a future in it, to negate any future price action risk. It's far more likely that banks will be using these futures to hedge portfolio risk in their crypto holdings. Prepare for a far less volatile future on the underlying asset. Instead of major 10% swings, you'll be looking at something more akin to the energies markets, or commodities.
I've been waiting for these and options before getting into the sector. It's good news.
I've been waiting for these and options before getting into the sector. It's good news.
"Money over bitches, nigga stick to the script." - Jay-Z
They gonna love me for my ambition.