bitebits
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Bitcoin != exchange rate


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November 21, 2017, 11:31:40 PM

It's probably a good idea to read about futures to understand how they can affect the underlying commodity. If there is a price difference, people can make a profit by arbitrage. Who knows what the volume will be on CME or whether that volume will be enough to move the bitcoin price though.

https://www.investopedia.com/university/futures/
https://www.investopedia.com/terms/c/cash-and-carry-arbitrage.asp

Futures don't move the Bitcoin, Bitcoin moves the future.