The CME Group’s Bitcoin futures options page went live yesterday Jan. 13, at about 15:00 UTC. The page says that the organization floated the offering in response to significant interest in cryptocurrencies and demand from customers. People needed a platform they can use to manage their Bitcoin exposure.
The Bitcoin derivatives market is constantly growing with a few new entrants in recent times. According to information from market analytics company Skew, daily volumes on Friday hit $20 billion on January 8. Also, the CME Group announced that its open interests for 2020 were already almost 70% what it pulled for 2019.
Image Credits: Unsplash
bestadmin
