Skip to main content

BarclayHedge: Four Fifths Of CTAs Have No Bitcoin Futures Plans

A survey conducted by BarclayHedge among the CTA community has revealed considerable uncertainty about the investment value of the new Bitcoin futures contracts offered from December 2017 by CBOE and CME.

73% of respondents from a wide range of firms located in Switzerland, Canada, Japan and the UK, as well as the majority in the USA, did not believe that Bitcoin futures were a valuable or useful addition to a diversified futures portfolio and only 5% said they were already trading these contracts. However, that figure rose towards 19% when CTAs were questioned about whether they planned to participate in Bitcoin futures within the next six months.

More here.