Post
Topic
Board Trading Discussion
Re: CBOE futures
by
reflector
on 11/12/2017, 19:35:54 UTC
Hi, guys! Am I right that CBOE futures holder can not receive real bitcoins due to contract's conditions?

Yes you are right, they are cash settled futures, that means that any difference is settled in USD and not in bitcoin, in fact no bitcoin is ever traded, in that sense it is more of a bet on the price of bitcoin than anything else.

You find the cboe investors will go to invest on bitcoin like millions of dollars so that will be definitely reflected in bitcoin chart around 3k USD to 5k USD.
I haven't read their conditions and norms which they have. However, every contract will be paid as they mentioned in the paper or agreement.