Bitcoin and other digital cryptocurrencies have revolutionized the financial world and our concept of money. Since December 10, 2017, bitcoin futures have been available to trade on the Chicago Board Options Exchange (CBOE).

A few days later, on December 17, Bitcoin hit its all-time highest price of $19,783.06. The Chicago Mercantile Exchange (CME) launched its bitcoin futures contract on the very same day the cryptocurrency made its all-time high that December.

On March 18, 2019, the CBOE announced it would not list any more bitcoin futures contracts. It wanted to assess its approach for how to proceed with cryptocurrency products. The phasing out of the bitcoin futures contract on the CBOE was largely due to the higher volume on the CME, which consistently beat out the volume on the CBOE’s Bitcoin contract.

The CME self-certified its bitcoin futures contract with the Commodity Trading Futures Commission (CFTC) effective on December 18, 2017. If you want to learn how to trade bitcoin futures, you’ll likely be trading CME futures regulated by the CFTC.