One such move is that UBS analyst Paul Donovan has introduced similar product before the tulip bubble burst in 1600. The CTE Group has announced plans for the Bitcoin Futures contract at the beginning of this week, as a result of which the accident of that market has occurred in 1637. In the 17th century, its tulip fad in the Netherlands saw the price of flowers.
It is permitted to pay cash at the end of its cash outstanding futures contracts. It meant that the physical product was to be distributed first. Its futures contract is a buyer and the seller will agree to a price for that item which will be given on a fixed date. Its 1636 cash futures were introduced in the Tulip Market.
Source: https://www.cnbc.com/amp/2017/11/02/bitcoin-futures-mirror-1637-tulip-bubble-crash-ubs.html