According to a report by Wilshire Phoenix, Bitcoin futures have a greater impact on the price than the spot markets

A new report from the investment firm Wilshire Phoenix states that the Chicago Mercantile Exchange, or CME, cash settled Bitcoin futures trading products affect the price of Bitcoin even though they do not directly involve Bitcoin (BTC) real. “Findings from Wilshire Phoenix indicate that CME’s Bitcoin Futures contribute more to price discovery than their related … Read more