Bitcoin Surges After World's Biggest Exchange Announces Plans for Futures
- Cryptocurrency soars to record high after announcement
- Futures seen drawing in professional traders, investors
CME CEO Duffy on Bitcoin Futures Introduction
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The allure of bitcoin was too much for CME Group Inc.
The world’s largest exchange owner 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. The largest cryptocurrency, which has surged more than sixfold this year, climbed to a record high after the announcement.