Why Arbitrage Traders Are Salivating Over Bitcoin Futures
- Cboe’s contracts have traded at an eye-catching 13% premium
- But CEO says it’ll take time for that gap to disappear
Cboe CEO Tilly on Launch of Bitcoin Futures Contracts
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The proverbial free lunch is just sitting there in the hours-old bitcoin futures market. So why isn’t it being gobbled up?
Cboe Global Markets Inc.’s new contracts were priced as much as 13 percent higher than bitcoin itself since trading began Sunday night, according to data compiled by Bloomberg.