{"id":46223,"date":"2021-07-16T16:37:23","date_gmt":"2021-07-16T13:37:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46223"},"modified":"2025-09-01T15:16:22","modified_gmt":"2025-09-01T12:16:22","slug":"bank-of-america-opens-bitcoin-futures-trading-for-select-clients","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bank-of-america-opens-bitcoin-futures-trading-for-select-clients\/","title":{"rendered":"Bank of America opens Bitcoin futures trading for select clients"},"content":{"rendered":"<p>A select group of Bank of America clients has gained access to trading Bitcoin futures on the Chicago Mercantile Exchange (CME), according to informed sources cited by <a href=\\\"https:\/\/www.coindesk.com\/bank-of-america-approves-bitcoin-futures-trading-for-some-clients-sources\\\">CoinDesk<\/a>.<\/p>\n<p>According to the report, some clients are setting up their equipment, and some have already begun trading.<\/p>\n<p>In July, BofA <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-america-forms-group-to-study-bitcoin-and-other-cryptocurrencies\">created a target group<\/a> for studying Bitcoin and other cryptocurrencies. In March <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-america-bitcoins-only-value-is-its-price-rise\">bank analysts criticized digital gold<\/a>, saying that it is useless as a store of value or a means of payment.<\/p>\n<p>In June, open interest in Bitcoin futures on the CME <a href=\"https:\/\/u1f987.com\/en\/news\/open-interest-in-bitcoin-futures-on-cme-falls-to-six-month-low\">fell<\/a> to a six-month low. Earlier, the Chicago Mercantile Exchange <a href=\"https:\/\/u1f987.com\/en\/news\/cme-group-launches-micro-bitcoin-futures-trading\">launched trading of Bitcoin microfutures<\/a>.<\/p>\n<p>Earlier this spring, investment bank Goldman Sachs <a href=\"https:\/\/u1f987.com\/en\/news\/goldman-sachs-launches-bitcoin-non-deliverable-forwards-for-clients\">offered<\/a> clients non-deliverable Bitcoin forwards.<\/p>\n<p>In June, Mike Novogratz&#8217;s Galaxy Digital <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-becomes-liquidity-provider-for-goldman-sachs-in-bitcoin-futures\">became a liquidity provider<\/a> for Goldman Sachs in Bitcoin futures trades on the CME.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A select group of Bank of America clients gained access to trading Bitcoin futures on the Chicago Mercantile Exchange (CME), according to informed sources cited by CoinDesk.<\/p>\n","protected":false},"author":1,"featured_media":46224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2027,18,383,1168,1156],"class_list":["post-46223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bank-of-america","tag-bitcoin","tag-cme-group","tag-crypto-derivatives","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46223"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46223\/revisions"}],"predecessor-version":[{"id":46225,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46223\/revisions\/46225"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46224"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}