Bitcoin futures impact price more than spot markets: Wilshire Phoenix – Cointelegraph
A new report from investment firm Wilshire Phoenix claims that the Chicago Mercantile Exchange’s cash-settled Bitcoin futures trading products, or CME, affect the price of Bitcoin even though they do not directly involve actual Bitcoin (BTC ). “Wilshire Phoenix’s results indicate that CME Bitcoin Futures contributes more to price discovery than its related spot markets,” […]
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