A subjective method of determining the intrinsic value of an asset and comparing it to its price. The following are possible considerations for determining an asset's fundamental value: economic and industrial factors along with the company's financial and managerial conditions.
Futures contracts are a prediction of future expected value and an executable agreement to buy or sell an asset at a distinct price at a designated time in the future. Futures contracts expire and contribute to price discovery. Bitcoin futures were introduced in late 2017 by both the CME (Chicago Mercantile Exchange) and the CBOE (Chicago Board of Options Exchange).