‘Micro Bitcoin Futures’ Offer Expanded Opportunities for Crypto Investors

‘Micro Bitcoin Futures’ Offer Expanded Opportunities for Crypto Investors

CME Group on Monday launched a new micro Bitcoin futures contract, underscoring the growing acceptance of the cryptocurrency among established traders.

The smaller contracts will allow participants to hedge spot Bitcoin risk.

"Since the launch of our Bitcoin futures contract in 2017, we have seen steady, ongoing growth of liquidity and market participation in our crypto derivatives, especially among institutional traders," Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said in a statement.