CME eyes ‘much wider potential customer base’ with next week’s micro bitcoin futures launch

According to a published transcript, CME brought in $4.7 million in revenue from its bitcoin futures offering.

“It’s 5 Bitcoins,” said Tully.

In addition to that, while the notional size of that product is 1/50, the size of the large contract, it’s at 1/10 of a Bitcoin, the rack rate fees are 1/2 of our existing Bitcoin futures.

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