Bank of America Launches Bitcoin Futures

Bank of America launches Bitcoin futures. It continues the crypto steps of the largest banks in the USA.

Bank of America, one of the leading banks in the USA, is also starting Bitcoin futures. While banks, like many institutions, do not give up on Bitcoin, they look more warmly to futures transactions. The reason for this is said to be the large amount of margin required in futures trading. According to the news from the US media, which Coindesk based on two unpublished sources, a group of Bank of America's customers is preparing to trade with futures Bitcoin contracts, and some even took advantage of this service and made transactions. Some time ago, after a 3-year shutdown, another giant investment bank, Goldman Sachs, reopened its trading desk in March and allowed trading in Bitcoin contracts through the Chicago Mercantile Exchange (CME) in May. According to one of the news sources, Bank of America will also use CME futures for these transactions. No comment has been received from Bank of America yet.