CME Group to Launch Bitcoin Mini Futures

CME Group, the world’s largest financial derivatives exchange, is set to launch Micro Bitcoin futures, at one-tenth of a Bitcoin, on May.

CME Group already offers standard Bitcoin futures, which have traded at an average volume of 13,800 contracts (roughly 69,000 BTC) daily throughout 2021. Micro Bitcoin futures will offer institutional traders and investors more cost-effective trading strategies for Bitcoin exposure. 

CME Group also recently launched Ether futures in February. An average of 767 Ether futures contracts (roughly 38,400 ETH) have traded each day.