CBOE Bitcoin hits the lowest since launch
Anyone who bought Bitcoin futures since the CBOE launch on Dec 11 is now underwater.
Bitcoin is at the lows of the day and futures are down 20% to $10,960.
Spot price metrics are more variable but have lately traded at a small premium to futures. Bloomberg quotes Bitcoin at $11,263, up from a low of $10,952.
There have been several Bitcoin selloffs recently but they've all bounced back within the day. A 20% closing decline would be the worst in months.