CME Group Launches Event Contracts on Bitcoin Futures | News

The Chicago Mercantile Exchange (CME Group) has just announced the launch of event contracts on BTC futures. According to CME Group, the new instrument allows «a wide range of investors to access the Bitcoin market via a fully regulated exchange.» According to the press release: «[…] these new contracts will offer an innovative, lower-cost way for investors to trade their views on the up or down price moves of Bitcoin.» Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world The offering is capped at $20 and allows users to bet on an event at the end of each trading session. The contracts cover several futures markets with underlying instruments such as the E-mini Dow Jones Industrial Average, the E-mini Russell 2000 and the E-mini S&P 500. CME Group has previously announced the launch of euro-denominated futures for Ether. In September last year, the exchange launched options on Ethereum where the contract is a future worth 50 ETH.