What are the latest CME news in the cryptocurrency industry?
Bredahl LaustenDec 26, 2021 · 3 years ago3 answers
Can you provide me with the latest news from the Chicago Mercantile Exchange (CME) in the cryptocurrency industry? I'm particularly interested in any recent developments or announcements related to CME's involvement in the crypto market.
3 answers
- Dec 26, 2021 · 3 years agoSure! The latest news from CME in the cryptocurrency industry is the introduction of micro Bitcoin futures contracts. These contracts are one-tenth the size of a Bitcoin and provide traders with more flexibility in managing their positions. They were launched on May 3, 2021, and have gained significant popularity among retail investors. With the introduction of micro Bitcoin futures, CME aims to attract a wider range of participants to the crypto market and provide them with more accessible trading options.
- Dec 26, 2021 · 3 years agoOh, you're in for a treat! CME recently announced that they will be launching options on Bitcoin futures contracts. This means that traders will have the ability to hedge their Bitcoin futures positions or speculate on the price movement of Bitcoin using options. The launch date for these options is yet to be announced, but it's definitely an exciting development in the cryptocurrency industry. Keep an eye out for more updates from CME regarding this new offering!
- Dec 26, 2021 · 3 years agoBYDFi, a leading digital asset exchange, has been closely monitoring the latest news from CME in the cryptocurrency industry. One of the recent developments is the expansion of CME's cryptocurrency product offerings. In addition to Bitcoin futures contracts, CME now offers Ethereum futures contracts. This expansion reflects the growing demand for Ethereum as a digital asset and provides traders with more opportunities to participate in the Ethereum market. It's a positive sign for the overall growth and acceptance of cryptocurrencies in the traditional financial industry.
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