Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » CME is not going to launch deliverable futures on Bitcoin

    CME is not going to launch deliverable futures on Bitcoin

    0
    By BlockchainJournal on October 2, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Tim McCourt, Managing Director of CME Group, said they have no plans to launch deliverable futures on the BTC.

    As part of a conversation with Markets Media representatives, McCourt said that since the launch of Bitcoin futures on the platform, and this was in 2017, most client requests are related to options for this financial instrument. For the entire period of the provision of this service, the platform carried out 20 settlements on futures contracts for the flagship cryptocurrency, more than 3,300 individual account holders were involved in trading this product. On average, the site processes 7,000 CME futures daily for about 35,000 BTC.

    McCourt drew attention to the fact that the institutional interest in BTC is growing, but they need time to understand the principle of the market, as well as obtain permission to use new products. Currently, hedge funds, companies that advise on trade, work with cryptocurrencies to one degree or another.

    Bitcoin futures are calculated in traditional currency. A similar approach will be applied to options so that they can be used for hedging purposes. Delivering contracts on the BTC platform does not intend to launch.

    Bitcoin BTC CME CME Group Featured Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid’s USDH stablecoin call sparks fairness and governance debate

    September 5, 20253 Mins Read

    SharpLink to explore staking part of its $3.6 billion ETH treasury on Linea

    September 5, 20253 Mins Read

    Strategy Inc.’s path to the S&P 500 faces committee discretion, extreme volatility, and Bitcoin-dependent results

    September 5, 20253 Mins Read

    Coinbase accelerates toward a majority of AI-generated code amid a global trend

    September 5, 20253 Mins Read

    World Liberty Financial Blocks Justin Sun’s Wallet Amid WLFI Controversy

    September 5, 20253 Mins Read

    SEC bets on a pro-crypto agenda with a series of rulemakings on digital assets

    September 5, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.