While the launch of Bitcoin futures was initially used to bet against the price of Bitcoin, it will lead to important factors needed to improve the asset class in the long term. First, it provides more flexibility for both retail and institutional investors to participate in the market without having concerns about wallet security. It will also allow for derivative products to be created like ETFs and options. It also allows for participants in the current ecosystem like miners and exchanges to have hedges on their core businesses. Therefore, these possibilities will lead to a broader availability of Bitcoin related products to investors in the long run which should benefit the asset class.