The First Regulated Bitcoin Cash (BCH) Futures Market Is Now Live


The first regulated Bitcoin Cash (BCH) futures market officially went live on Friday, launched by Crypto Facilities, a U.K.-based crypto futures exchange and CME Group partner.

According to the announcement, this marks the first Bitcoin Cash-Dollar (BCH/USD) futures product to be fully regulated by the Financial Conduct Authority (FCA), opening up the cryptocurrency to the world of institutional investors and hedge funds. These investors may now take long or short positions in the BCH.

The 24/7 BCH market officially went live at¬†4 p.m. British Standard Time (BST) on Friday, adding to Crypto Facilities’ growing list of derivatives offerings, which includes Bitcoin, XRP, Ether and Litecoin futures.¬†Crypto Facilities also notably provides the Bitcoin Reference Rate that powers CME Group‚Äôs Bitcoin futures, which launched last December.

In a statement accompanying the announcement,¬†Timo Schlaefer, CEO of Crypto Facilities, highlighted the reasoning behind the firm’s decision to add Bitcoin Cash to its offerings.

We are pleased to be expanding our cryptocurrency derivatives offering with the launch of Bitcoin Cash futures. BCH is a top five coin with a market capitlization of around $10 billion and we expect our new contracts to spur the evolution of the crypto markets by bringing greater liquidity and transparency to the digital asset class.

BCH is currently ranked 4th in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Announcing the Launch of BCH/USD Futures

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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