JAN 17, 2018
Successful First Settlement of Bitcoin Futures


Gemini is proud to announce the successful first settlement of January expiry Bitcoin Futures, which trade on the Cboe Futures Exchange, LLC (CFE) under the ticker “XBT” ( | ).
The settlement price was $10,900.00, as determined by Gemini’s 4pm Eastern Time BTCUSD auction, in which 616.86 bitcoin traded — a notional value of $6.72m USD.
Cboe Global Markets, Inc. (Cboe), one of the world’s largest exchange holding companies, and Gemini Trust Company, LLC (Gemini), the world’s most regulated digital asset exchange and custodian, partnered to launch the first-ever bitcoin futures contract on December 10, 2017. Since inception, over 124,000 contracts have traded across expiries, representing a notional value of over $1.5bn USD.
Ed Tilly, Chairman and Chief Executive Officer of Cboe, stated: “This is an encouraging initial milestone, and we look forward to working with customers to power the growth of this nascent market.”
Please visit our website to learn more about , accessing our , and our , including cross-connects to our matching engine. Please Visit Cboe’s website to learn more about and .
Onward and Upward!
Team Gemini
RELATED ARTICLES

COMPANY
JUL 03, 2025
Gemini Releases New Batch of Blue Chip, TradFi, and Other Tokenized Stocks for EU Customers

WEEKLY MARKET UPDATE
JUL 03, 2025
Bitcoin Gains Ahead of Holiday, Circle Files for Banking License, and Strategy Continues BTC Buying Spree

COMPANY
JUN 27, 2025
We've Launched Tokenized Stocks, Starting With MicroStrategy (MSTR)
MORE FROM CAMERON WINKLEVOSS

COMPANY
FEB 18, 2021
Gemini Launches Cryptopedia, A Free Crypto Education Platform

COMPANY
OCT 24, 2018
Gemini dollar (GUSD) Is Now Supported by 25 Exchanges

INDUSTRY
SEP 26, 2018