XBT first day trading close; more than 4,000 contracts

Cboe Global Markets (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced Cboe bitcoin futures (XBT) traded a reported 4,127 contracts in their first day of trading. XBT futures debuted Sunday, December 10, at 5:00 p.m. CT, the beginning of Global Trading Hours. The first trading session closed at 3:15 p.m. CT today, December 11.

The Cboe Futures Exchange (CFE) daily settlement price for the front-month Jan Cboe Bitcoin (XBT) future for the December 11 session was $18,545.

Some 20 trading firms actively participated in the December 11 session. Cboe previously announced that all transaction fees will be waived1 throughout the month of December.

Over the last five years, the total value of all bitcoin outstanding (i.e., “market capitalization”) has grown from less than $1 billion to over $262 billion with a daily notional turnover on December 8, 2017, exceeding $21 billion. The total value of all cryptocurrency tokens outstanding is now approximately $423.7 billion.