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Amid a turbulent day that saw BTC price drop below $10k, the settlement of the first monthly futures happened without a hiccup - an outcome that will likely satisfy regulators and set up likelihood of additional synthetics products on additional coins.
Speaking to reporters, CEO Ed Tilly said that the process could lead to something like an ETF – a long-sought product – but only if regulators are firmly on board. "Before you get into mainstream [exchange-traded products], we need to get through a series of settlements before that makes sense to regulators," Tilly was quoted as saying, adding:
https://www.coindesk.com/cboes-first-bitcoin-futures-contract-expired-today/
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