Tap into the precision of a smaller-sized Bitcoin contract

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost-effective way to fine-tune bitcoin exposure and to enhance your trading strategies. Enjoy the features of Bitcoin futures (BTC) in a smaller size that gives active traders more choices for managing bitcoin price risk.

Trade a smaller-sized contract

Get the same features as the larger five-bitcoin contract, at 1/50 of the contract size, settled to the regulated CME CF Bitcoin Reference Rate (BRR).

Add price discovery and transparency

Trade on a regulated exchange and enjoy the price discovery of transparent futures, where all participants see the same prices and quotes.

Precisely scale bitcoin exposure

Add more control to your bitcoin exposure and apply to your trading strategies.

Explore capital-efficient crypto trading

Save on potential margin offsets with Bitcoin futures and options and Ether futures, plus add the efficiency of futures contracts.

Trading Resources

How to trade MBT

Interested in trading Micro Bitcoin futures? Find out how to get started and the key details you need to know in this guide.

Fact card

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FAQ

Questions on Micro Bitcoin futures? We have answers.

Find a Broker

Ready to trade futures? Visit a list of online brokers below to get started.

Discover Micro Bitcoin futures

Watch our video to understand the basics of Micro Bitcoin futures, the fundamentals behind the contract, and different ways to use it.

Webinar Replay: Getting Started with Micro Bitcoin Futures

In this recorded webinar, Craig Bewick, Senior Director of Client Development and Sales, covers the following topics:

  • Discuss the fundamentals behind the new contract
  • Review fundamental futures concepts in the context of the new Micro Bitcoin contract
  • Explore the evolution of crypto derivatives
  • Review recent bitcoin price action
  • Examine volatility in the market
  • Customer types and potential use cases
  • Provide information on how to get started with this smaller-sized contract

Contract Specifications

Contract Size 0.10 bitcoin
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT)­

CME ClearPort: 6:00 p.m. Sunday to 6:45 p.m. Friday ET (5:00 p.m. - 5:45 p.m. CT) with a 15-minute maintenance window between 6:45 p.m. - 7:00 p.m. ET (5:45 p.m. - 6:00 p.m. CT) Monday - Thursday
Minimum Price Fluctuation Outrights: $5 per bitcoin = $0.50 per contract

Spreads: $1 per bitcoin = $0.10 per contract
Product Code MBT
Listing Cycle Six consecutive monthly contracts inclusive of the nearest two December contracts.

Where can I trade Micro Bitcoin?

Below is a full list of brokers that offer CME Group futures.

Interactive Brokers

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 135 markets in numerous countries and currencies, from a single IBKR Integrated Investment Account to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers.

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NinjaTrader

NinjaTrader provides award-winning trading software and brokerage services to active traders. Supporting 100,000+ users around the globe & 600+ professional app developers, NinjaTrader empowers traders with best-in-class technology, discount commissions and world class support.

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Tradovate

Tradovate combines brokerage and our proprietary trading technology into a single service and offers it through commission free membership plans. Tradovate’s modern, cloud-based platform powers your trading with access to desktop, web, and mobile.

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Tradestation

TradeStation offers the ultimate online trading experience across several asset classes for self-directed traders and investors who want to claim their financial edge.

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TD Ameritrade

TD Ameritrade offers clients a broad array of futures trading tools and resources—all for free (contract, exchange and regulatory fees will apply to futures trades). Trade over 70 futures products virtually 24 hours a day, 6 days a week on the powerful thinkorswim® platform. Get access to over 400 technical studies, personalized education, and support from experienced traders. Plus, use paperMoney® to practice your strategies before putting any real money on the line. Whether you’re new to futures or a seasoned pro, you’ll find everything you need to trade futures with confidence. Futures trading services provided by TD Ameritrade Futures & Forex LLC, member NFA.

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E*TRADE

E*TRADE is a leading online financial services firm that specializes in a first-class experience for the digitally inclined investor and trader, backed by personal professional guidance.

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Why Trade Futures?

Looking for new trading opportunities or more capital efficiencies in managing portfolio risk? See why futures may be right for you.