CME Group Self-Certifies Bitcoin Futures to Launch Dec. 18
This is from Bloomberg: "The world's largest exchange owner [CME Group] reversed course today and said it plans to introduce Bitcoin futures by the end of the year, only a month after dismissing such a plan."
What does this mean for 2018? It means that a ton of “new money” is about to enter the crypto market.
We’re about to enter what is looking like the biggest bull market humanity has ever seen (we’ve already seen the beginnings of it with the recent bitcoin run-up).
For years now, I’ve been hearing about the “explosion” that would happen once institutional money entered the market… and it’s finally about to happen.
We’re about to see institutional investors, pensions, and big banks start to pour capital into Internet Money.
We’re currently sitting at around a $375 billion dollar market cap - that number could reach the trillions in the years to come.
News Release: www.cmegroup.com
Read more: www.bloomberg.com