“Offering Micro Bitcoin futures allows us to provide our customers with even more choice and precision in how they trade Bitcoin futures,” says Daniel Ryba, Executive Director of futures at E*TRADE Financial.
“As a platform for retail and institutional investors, we’re excited to offer TradeStation Securities, Inc clients Micro Bitcoin futures.
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 US dollar price of bitcoin.