The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (比特币) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency.
CME Group’s Micro Bitcoin futures contract, which is set to launch May 3 pending regulatory approval, 将是值得的 0.1 比特币. The smaller contract size provides market participants with an additional tool to hedge their Bitcoin price risk, CME said Tuesday. CME’s current Bitcoin contract unit is 5 比特币.
蒂姆·麦考特, CME Group’s global head of equity index and alternative investment products, explaine:
“The introduction of Micro Bitcoin futures responds directly to demand for smaller-sized contracts from a broad array of clients and will offer even more choice and precision in how participants can trade regulated Bitcoin futures in a transparent and efficient manner at CME Group.”
CME launched its Bitcoin futures contract in December 2017. The Chicago Board Options Exchange, Its larger crosstown rival, was the first to introduce the derivatives contract during the same month but has since abandoned Bitcoin futures altogether.
CME has noted a steady uptick in crypto derivatives trading since the first Bitcoin futures contract launched more than three years ago. 正如Cointelegraph先前报道的那样, average daily trade volumes for CME Bitcoin futures jumped 57% 在一月. Interest is likely to accelerate as the Bitcoin bull market brings new investors into the fold.
There’s also evidence that the broader crypto derivatives market is heating up. 在十二月 2020, crypto derivatives trades were valued at more than $1.3 兆, 占 55% 整个市场的, according to CoinMarketCap.