But that’s not the kind of stuff that should go in your retirement investments. Trading in bitcoin futures began Sunday on the Bitcoin x2 roller Board Options Exchange. Bitcoin futures started trading on Sunday, in what marked the virtual currency’s debut on a major U.

The futures are being offered by the Chicago Board Options Exchange, or CBOE, and allow investors to bet on the future price of Bitcoin without having to hold any digital tokens, as the contracts are settled in cash. Futures trading is for the pros, though, so what does this mean for all the small investors who’ve piled into Bitcoin? Joshua Gans, who holds the Jeffrey S. Skoll Chair in Technical Innovation and Entrepreneurship at the University of Toronto’s Rotman School of Management. A trade in Bitcoin futures, in other words, could somewhat smooth out the roller-coaster ride that comes with holding any Bitcoins, the price of which often rises and falls by double-digit percentages in the span of 24 hours. Tempted to invest in Bitcoin? On Monday, financial markets seemed to think the cryptocurrency would rise further but at a significantly slower pace than it has in recent weeks.

This suggests investors believe the digital currency will appreciate by only 10 per cent over the course of a month, a fraction of the over 300 per cent climb it registered over the past four weeks or so. But any dampening of Bitcoin’s volatility is likely going to be limited, Campbell Harvey, professor of finance at Duke University’s Fuqua School of Business told Global News. That’s because there’s a massive disagreement among investors about what the value of Bitcoin should be, now or in the future. That spread is far wider than the disagreements investors have about the value of a stock or currency and is the main reason for Bitcoin’s wild ups and downs, according to Harvey.