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Goldman Sachs, one of the nation biggest investment banks, said it will allow only a limited number of clients to trade the CBOE's bitcoin futures. Bank of America will not allow clients access to the futures. A person familiar with the matter said JPMorgan Chase will not allow clients access to the futures on the first trading day, and will make an evaluation after that based on how trading goes. This person requested anonymity because the decision hasn't yet been disclosed publicly. The Wall Street Journal reported that Citigroup will also not allow clients access to bitcoin futures, although a Citi spokesman declined to comment. Morgan Stanley declined to comment. Thomas Peterffy, chairman of the broker-dealer Interactive Brokers Group, expressed deep concerns about the trading of bitcoin futures last month, saying "there is no fundamental basis for valuation of Bitcoin and other cryptocurrencies, and they may assume any price from one day to the next." Peterffy noted that if bitcoin futures were trading at that time, under the CBOE's rules those futures likely would experience repeated trading halts because of limits on how high or low the price can during the trading day.