Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration
The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, Cboe Global Markets Inc's chief operating officer said on Tuesday.
Speaking on a conference call, Christopher Concannon and other Cboe executives declined to say when they expected regulatory approval for a bitcoin exchange traded fund they announced earlier this year.
