CME Group, the world's leading and most diverse derivatives marketplace, today announced that Micro Bitcoin futures volume surpassed 100,000 contracts in the new contract's first six days of trading.
"We are pleased to see strong customer adoption and support for our new Micro Bitcoin futures contract early on," said
At 1/10th of one bitcoin in size, Micro Bitcoin futures provide an efficient, cost-effective way for traders to fine-tune their bitcoin exposure and enhance their trading strategies, all while retaining the benefits of
Micro Bitcoin futures are cash-settled to the CME CF Bitcoin Reference Rate, which serves as a once-a-day reference rate of the
For more information on this product, please see www.cmegroup.com/microbitcoin.