Chicago Mercantile Exchange

CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report

Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals.

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CME Group to Launch Ethereum Futures in February Pending Regulatory Approval

CME Group to Launch Ethereum Futures in February Pending Regulatory Approval On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February 8, 2021. While bitcoin (BTC) has touched a new […]

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CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market

CME Group Outpaces Competition Becoming the World's Largest Bitcoin Futures Market Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created more demand for CME’s bitcoin […]

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CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

CME's Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]

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Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for 'Big Moves' Ahead Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts. On Tuesday, the price of bitcoin […]

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Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High

Bakkt Bitcoin Futures Hit Record $122 Million, as BTC Reached New 11-Month High Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding […]

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Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020

Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020 Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. In May, derivatives – contracts signed by at least two […]

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Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance

Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, […]

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Open Interest on CME Bitcoin Options Is Up 1000% So Far This Month

CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month.

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Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option

Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option Over the last few months, the interest surrounding cryptocurrency derivatives products has been growing fast. For some time now, open interest in CME’s bitcoin futures has been breaking records. Bakkt’s futures platform began testing contracts on Monday and the company says there are participants from all around the world. Elsewhere, bitcoin derivatives provider Ledgerx is […]

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