CME Group’s Bitcoin Futures See a Surge of Institutional Interest

CME Group's Bitcoin Futures Sees a Surge of Institutional Interest in 2019The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new record with 18,338 contracts traded and the firm says increased volumes may be due to […]

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Market Optimism Declines as Bitcoin Futures Euphoria Ends

Market Optimism Declines As Bitcoin Futures Euphoria EndsThis week it seems the euphoria from the introduction of CME Group and Cboe’s bitcoin-based futures markets has fizzled. Since both companies announced launching their futures products, the price of bitcoin gained over three times its value in just 45 days. Since the derivatives markets have begun the futures products’ volumes has been lackluster, and […]

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