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Exchange giant Cboe abandons bitcoin futures

Market launched with fanfare in 2017 will wind down once its last contract expires in June

The first US exchange company to launch bitcoin futures has pulled the plug on them, the latest sign that mainstream financial firms are losing their enthusiasm for cryptocurrencies.

Cboe Global Markets said in a notice to traders last week that it “does not currently intend to list additional XBT futures contracts for trading.” XBT is the symbol for the bitcoin futures listed by Cboe.

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