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RE: Futures Products only adding to the popularity of Bitcoin

in #bitcoin8 years ago

With the addition of the futures contract in the stock market sends a lot of signals to those out there who have been following cryptos for awhile that enough money is leaving these markets that they are trying everything in their power to keep that money there. They created this fund to take part in the massive wealth gains that bitcoin and other cryptocurrencies have been amassing this past year however this is a dangerous move for big institutions because there is a lot of money being played with in the futures and the high volatility of bitcoin could prove troublesome for institutions that have to cover these contracts.