The Effects of Bitcoin Futures on Bitcoin Market

In the five years after launch of bitcoin futures, academics and investors' perceptions have shifted from early view that they raise risk to present acceptance their ability serve as derivatives. This change indicates futures potential improve. What influences market has received is investigated in this paper. The introduction offered a feasible hedging strategy for investors, enhanced stability information effectiveness market, also eased investment barrier bitcoin, based on study comparison previous research futures. However, because are novel type contract, complicated, investors prefer trade unregulated whereas regulated traded considerably lesser quantities due position limitations. Exchanges regulate should consider changing contract positions allow more engage trading while obtaining regulatory protections enable develop maturely future.