Posted 2/21/2024, 12:09:15 AM
CME Group to Launch Smaller Euro Bitcoin and Ethereum Futures
- CME Group launching euro-denominated Bitcoin and Ethereum micro futures contracts on March 18, pending regulatory review
- Micro futures are one-tenth the size of a Bitcoin or Ethereum
- Offer minimal fees, better liquidity, alternative to spot crypto ETFs
- 24% of CME's crypto futures volume from Europe, Middle East, Africa region so far this year
- CME has seen 4-fold increase in volume of dollar-denominated Bitcoin and Ethereum futures