Bitcoin Euro futures - Overview

Enjoy greater flexibility in managing bitcoin exposure with Bitcoin Euro futures developed by the leading, most diverse, and regulated derivatives marketplace. The Bitcoin Euro futures contract is designed to match that of its U.S.-denominated counterpart, sized at five bitcoin per contract. Manage bitcoin euro price risk by taking advantage of greater transparency and liquidity.

Features and benefits

Euro-denominated exposure

Manage exposure settled to the CME CF Bitcoin-Euro Reference Rate, representing executed bitcoin-euro transactions on major cryptocurrency spot exchanges.

Price discovery

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

Multiple ways to trade

Trade electronically through CME Globex or bilaterally via blocks and EFRPs, giving you greater trading flexibility and choice.

Potential margin offsets

Enjoy the efficiency of futures and save on potential margin offsets with all available CME Group Cryptocurrency futures.

Product specifications*

Contract Unit

Five bitcoin

Price Quotation

EUR per bitcoin

Minimum Price Fluctuation

Outright: €5.00 per bitcoin = €25.00 per contract

Calendar Spread: €1.00 per bitcoin = €5.00 per contract

Trading Hours

CME Globex:
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

CME ClearPort:
Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT

Product Code

BTE

Listing Cycle

Six consecutive monthly contracts plus four additional quarterly contracts (Mar, Jun, Sep, Dec) and a second Dec contract if only one is listed.

Settlement Method

Financially Settled

Termination of Trading

Trading terminates at 4:00 p.m. London time on the last Friday of the contract month that is either a London or U.S. business day. If the last Friday of the contract month day is not a business day in both London and the U.S., trading terminates on the prior London or U.S. business day.

Position Limits

CME Position Limits

Block Minimum

Block Minimum Thresholds

Price Limits

Price Limits 

*Pending regulatory review

Get better price transparency with the CME CF Bitcoin-Euro Reference Rate

As the standardized, regulated reference rate that underlies Bitcoin Euro futures, CME CF Bitcoin-Euro Reference Rate provides more transparency to the Cryptocurrency market.

Learn about Bitcoin Euro futures

Understand the basics of Bitcoin Euro futures, fundamentals behind the contract, and different ways to trade.

Take self-guided courses on Bitcoin futures and options products.

If you're new to futures, the courses below can help you quickly understand the Bitcoin market and start trading.

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Subscribe for updates on Bitcoin Euro futures

Sign up to be one of the first to receive announcements related to Bitcoin Euro futures and other Cryptocurrency products at CME Group.

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CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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