The Chicago Mercantile Exchange (CME) received regulatory approval and unveiled 54 new Bitcoin (BTC) futures options on Monday, January 13. The options give traders an opportunity to buy or sell a predefined amount of coins within a predefined time frame.
CME was one of the pioneers in offering Bitcoin futures contracts. According to the exchange, the new product addresses the growing crypto demand and fills the gap of Bitcoin tools.
Last week, Bitcoin futures traders generated over $20 billion in daily volume. According to Cointelegraph, the volume of crypto futures trading reached almost 50% of spot trading volumes in the crypto markets in late October 2019.
The assets are now available on the EXANTE trading platform. Open an account and tap into the new Bitcoin opportunity.
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