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Cboe to launch bitcoin futures trading on Dec. 10

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Cboe to launch bitcoin futures trading on Dec. 10

Cboe Global Markets Inc.'s futures exchange intends to offer trading in bitcoin futures beginning at 5:00 p.m. CT on Dec. 10.

Cboe's bitcoin futures will trade under the ticker symbol XBT. Dec. 11 will be the first full day of trading, which will be free through the month of December. The waiver applies to all Cboe Futures Exchange transaction fees for XBT futures.

The trades will use cash-settled contracts based on the auction price for bitcoin at Gemini, a digital asset exchange and custodian.