The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)

Bitcoin presents a $1.6 billion revenue opportunity for exchanges, according to a wide-ranging report on cryptocurrencies by Bank of America Merrill Lynch.
Cboe, a first mover in cryptocurrencies among exchanges, appears the best positioned to capitalize on the opportunity, according to the bank. 
Cboe has partnered with Gemini, a digital currency exchange, to roll out bitcoin-linked products as early as this year. 
Bitcoin represents a $1.6 billion revenue opportunity for W