U.S. Markets closed

[$$] Cboe Abandons Bitcoin Futures

Inc. said in a notice to traders last week that it “does not currently intend to list additional XBT futures contracts for trading.” XBT is the symbol for the bitcoin futures listed by Cboe. Monthly futures contracts, such as XBT, expire every month and the exchange must keep listing new ones to keep the market going. Cboe’s move means that the bitcoin-futures market it launched in 2017 will wind down once its last contract expires in June.