Interesting short doc considering appearance of BTC future market:
https://www.frbsf.org/economic-research/publications/economic-letter/2018/may/how-futures-trading-changed-bitcoin-prices/

One would argue against as there should be relatively inelastic supply of the coins but altcoins fill this role quite well already.

In connection to supply elasticity see this old thread:
https://bitcointalk.org/index.php?topic=1207731.0