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One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures Contract

The American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if U.S. regulators approve the product. The new contract is a micro bitcoin futures product that represents 0.1 bitcoin rather than CME’s other contract that equals five bitcoin. The smaller contract aims to make investment in bitcoin futures more accessible “to a broad array of clients.” CME Group to Launch Micro Bitcoin Futures Contract The well known derivatives marketplace CME Group has announced the launch of a new futures product that’s smaller than the contract that…

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