CME launches BTC options trading

In its first debut session, only 54 options were traded on the new options on Bitcoin futures released by CME.

CME Group was one of the first US regulated exchanges to offer Bitcoin futures in 2018.

Putting options on futures is another step towards expanding exposures to Bitcoin.18.

However, the first day may not be so important. Rather, the first week or month will have a greater impact on the price of the digital asset.

CME will now compete directly with Bakkt.

Despite their modest interest, CME is pleased with the excellent feedback and inquiries from their customers and market players for the time being.

Source: Bloomberg Finance L.P.
Graphs: Used with permission of Bloomberg Finance L.P.

 Trader Martin Nikolov

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