Will bitcoin futures pave the way for ETFs?

More on the new CME bitcoin futures, from RCM Alternatives, and how this will likely lead to Bitcoin ETFs and more: Welcome to Future(s), Bitcoin:

[Last] week came quite a shock to some as the CME announced plans to launch Bitcoin futures after dismissing claims to create the contract just a month earlier. Maybe this chart of it 78,900% growth since 2011 had something to do with it…

On the mutual fund/ETF/ETP side of Bitcoin, there have been many failed attempts to get a Bitcoin “product” going. But the futures markets could change all that. The SEC even went on record back in September saying they would hold off reviewing Bitcoin products until a futures contract started trading!

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