The CME Group, the world’s largest futures exchange, opened up bitcoin futures for trading at 6 p.m. EST on Sunday under the ticker “BTC”. The reference price, from which price limits are set, is $19,600 for the February contract, $19,700 for March and $19,900 for June.
Unlike the 19% surge in CBOE bitcoin futures during their first day of trading a week ago — the CME futures fell 4% to $18,760 about four hours after opening at $20,650 and rising slightly. Volume on CME was recently at 590 contracts, while on its debut on December 10, the Cboe traded nearly 4,000 contracts during the full session.
Read more: https://hype.codes/cme-bitcoin-futures-launched
Will CME bitcoin futures speed up bitcoin regulation?
Unlike the 19% surge in CBOE bitcoin futures during their first day of trading a week ago — the CME futures fell 4% to $18,760 about four hours after opening at $20,650 and rising slightly. Volume on CME was recently at 590 contracts, while on its debut on December 10, the Cboe traded nearly 4,000 contracts during the full session.
Read more: https://hype.codes/cme-bitcoin-futures-launched
Will CME bitcoin futures speed up bitcoin regulation?