It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
I don't think BTC future can reduces the volatility. In my opinion now BTC could become more volatile tha ever before. Reason behind that is BTC future can be short-sell and this might increase the volatility.
Yes that's true that it has increased the investors engagement in it and also a significant market cap rise can be seen in BTC. That proves that BTC future helps to gain more popularity than ever before.