2 days ago · “CME Bitcoin Futures have grown to become significant, this is not only demonstrated through trading volume and open interest, but also by influence on . Sep 06, · Bitcoin futures trading lets you go long on Bitcoin if you want to bet on a price rise, or go short on Bitcoin if you want to bet on a price drop. according to your open contracts. But when. CME Group opens Futures trading as Bitcoin punches through $20K The Chicago Mercantile Exchange (CME Group) has officially launched its Bitcoin Futures contracts as the cryptocurrency surpasses the $20K USD mark.
Bitcoin futures trading opensHow To Invest In Bitcoin Futures
I think it could have been just a speculative frenzy. Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks. The derivatives contracts should thrust bitcoin more squarely into the realm of regulators, banks and institutional investors.
The professional traders will mostly be looking to do arbitrage, between the futures and bitcoin itself. QuickTake: All about bitcoin, blockchain and the crypto world. The two exchanges on Dec. On Dec. Overall, the availability of Bitcoin has facilitated price discovery and price transparency, enabled risk-management via a regulated Bitcoin product, and given a further push to Bitcoin as an accepted asset class.
CME Group. Cboe Global Markets. Accessed April 18, Cboe Futures Exchange. Financial Futures Trading. Metals Trading. Your Money. Personal Finance. Your Practice. Popular Courses. Bitcoin Guide to Bitcoin. Cryptocurrency Bitcoin. What Are Bitcoin Futures? Key Takeaways: As with a stock or commodities futures, Bitcoin futures allow investors to speculate on the future price of Bitcoin. CME offers monthly Bitcoin futures for cash settlement.
Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. TradingView general manager Pierce Crosby is bullish about Bitcoin maintaining a positive trajectory despite sideways trading. A meme tweet has caused a mammoth rally for a meme cryptocurrency as Elon Musk nods to Dogecoin on Twitter. The rumour mill has it that Jeremy Clarkson has invested in Bitcoin.