Bitcoin traders have no time to pop the champagne anymore. The crypto-rocket shot past $11,000 last week just hours after eclipsing $10,000, which itself was mere days after pushing past $9,000. It then slid sharply before surging yet again. Even as investors celebrate a banner year for stocks, the party next door is so wild there’s no longer any way of ignoring it. Now Wall Street is about to join in the fun. On Friday, the Commodity Futures Trading Commission green-lighted plans by the CME and the Chicago Board Options Exchange to introduce Bitcoin futures, allowing traders to bet on the price of the digital currency on a trusted exchange. Nasdaq is planning to offer its own futures next year, while Cantor Fitzgerald will introduce a Bitcoin options product. Because the futures are cash-settled—traders will receive dollars on the settlement date instead of Bitcoin—the Street technically won’t be getting its hands dirty by buying the stuff directly. Read more here…

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