{"id":39839,"date":"2021-03-30T17:16:47","date_gmt":"2021-03-30T14:16:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39839"},"modified":"2025-08-30T11:29:44","modified_gmt":"2025-08-30T08:29:44","slug":"cme-group-to-launch-micro-bitcoin-futures","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cme-group-to-launch-micro-bitcoin-futures\/","title":{"rendered":"CME Group to launch Micro Bitcoin futures"},"content":{"rendered":"<p>Chicago Mercantile Exchange (CME Group) announced the launch on May 3 of Micro Bitcoin futures, a new product tied to Bitcoin, awaiting regulator approval.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">More choice, more precision for managing your bitcoin exposure. Explore Micro Bitcoin futures \u2012 launching May 3.<\/p>\n<p>\u2014 CME Group (@CMEGroup) <a href=\"https:\/\/twitter.com\/CMEGroup\/status\/1376876318042775556?ref_src=twsrc%5Etfw\">March 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/figure>\n<p>The new futures contract will be one-tenth of a bitcoin. CME believes that the smaller-size contract will allow hedging price risks on the spot market and enable trading strategies in the leading cryptocurrency in an efficient and cost-effective manner.<\/p>\n<p>CME managing director Tim McCourt noted that demand for bitcoin futures has grown since the contracts were launched in 2017, particularly from institutional traders.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe introduction of Micro Bitcoin futures directly responds to clients&#8217; need for smaller-size contracts and will offer greater choice and precision in trading regulated crypto derivatives,\u201d he said.<\/p>\n<\/blockquote>\n<p>Settlement of the futures will be cash-settled based on the CME CF Bitcoin Reference Rate.<\/p>\n<p>Earlier in the year, the exchange opened trading of bitcoin options. On February 8 the platform <a href=\"https:\/\/u1f987.com\/en\/news\/cme-launches-ethereum-futures\">added Ethereum<\/a>, trading volume on the first day <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-futures-trading-on-cme-surpasses-30-million-on-the-first-day\">exceeded $30 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Mercantile Exchange (CME Group) announced the launch on May 3 of Micro Bitcoin futures, a new product tied to Bitcoin, awaiting regulator approval.<\/p>\n","protected":false},"author":1,"featured_media":39840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[383,1168],"class_list":["post-39839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cme-group","tag-crypto-derivatives"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39839"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39839\/revisions"}],"predecessor-version":[{"id":39841,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39839\/revisions\/39841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39840"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}