Kiev, Ukraine - August31, 2017: Golden Bitcoin Coin on cracked ground. Crisis concept."nThe Bitcoin was invented by Satoshi Nakamoto in 2008 as a digital form of money."nThis is a close up photo of several gold plated bitcoins together symbolizing the bit coin market, modern technology, finance, internet, trading, etc. "nBitcoin introduced in 2009 cross-national payment system in the form of virtual money, to be used in the cryptographic techniques (cryptocurrency).
CBOE Global Markets announced last week that it does not intend to list additional XBT futures contracts for trading, according to The Wall Street Journal.
What Happened
XBT is the symbol for bitcoin futures listed by CBOE. Monthly futures contracts expire every month; since CBOE will not list new futures going forward, the market will wind down with the expiration of the final contract in June, according to WSJ.
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