“The launch of Micro Bitcoin futures addresses two of the biggest issues when it comes to investing in cryptocurrency, namely the high cost and the desire to engage within a regulated environment,” said J.B.
“Offering Micro Bitcoin futures allows us to provide our customers with even more choice and precision in how they trade Bitcoin futures,” said Daniel Ryba, Executive Director of futures at E*TRADE Financial.
By lowering the barrier of entry, more traders will be able to gain exposure to bitcoin,” said John Bartleman, President of TradeStation Group, Inc., TradeStation’s parent company.
CME Micro Bitcoin futures are cash-settled, based on the CME CF Bitcoin Reference Rate, which serves as a once-a-day reference rate of the U.S.
As the world’s leading and most diverse derivatives marketplace, CME Group enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.
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