I don't understand how to work futures with bitcoin. I understand why this technology works on a commodity exchange, but the Forex market is absurd. It seems to me that this idea will fail. It seems to me that it will be unsuccessful attempt to stabilize the price of bitcoin. Now everyone wants to ride the bitcoin.
You can see one of my previous posts on this. Essentially, hedge funds need a way into BTC and the current price doesnt facilitate that. The futures market will open and these guys will take out a massive short position on the expontential BTC price right now. When this run up breaks down, the hedge funds will make huge cash profits on the decline. Come Feb/Mar 2018, the price will stabilize at its price bottom (my est is around $6-8k) and the hedges will either buy BTC off the exchanges behind the scenes or take out a new long position and wait for the next big run up in a few years.