Are you a market maker in futures? Yeah, thought so It has nothing to do with "getting paid in bitcoin" as a speculator. A derivatives market maker is NOT as speculator, she/he does not like taking delta risk unless amply compensated for. In a world where there is no continuous liquidity in the derivative itself, a market-maker would be reluctant to make continuous markets. That's because if they get into a position, they don't know when they can get out and they don't like carrying naked delta risk. A physical delivery or an EFP market would have given them an ability to lay that risk off (transforming delta risk into a less scary basis risk).