Leading derivatives exchange CME Group recently launched options on Micro Bitcoin and Micro Ether futures, further expanding its suite of cryptocurrency derivatives offerings. Sized at one-tenth of their respective underlying tokens in size, these contracts will offer institutions to individuals greater flexibility and precision to manage their exposure to the top two cryptocurrencies by market capitalization. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our Micro Bitcoin and Micro Ether futures. Sized at one-tenth of their respective underlying tokens in size, these contracts will offer a wide range of market participants from institutions to sophisticated, active, individual traders – greater flexibility and precision to manage their exposure to the top two cryptocurrencies by market capitalization,” said Tim McCourt, CME Group Global Head of Equity and FX Products. With the aforementioned launch, CME Group’s total micro products exceed 20 having traded more than 1.2 billion contracts since their introduction. Just delivered: new options to help you manage cryptocurrency price risk. Explore options on Micro Bitcoin and Micro Ether futures. https://t.co/7Y1p2g1zx4 pic.twitter.com/iqipA28fSg — CME Group (@CMEGroup) March 28, 2022 CME Group Added BTC futures Contracts Five Years Ago CME Group has been among the most crypto-friendly regulated global exchanges having adde...
