Features and benefits

Efficient exposure

Easily trade on your market view of Bitcoin. 

Price discovery

Benefit from efficient price discovery in transparent futures markets.

Capital efficiency

Save on potential margin offsets between Bitcoin futures and options on futures.

Robust underlying index

Trade with prices based on the regulated CME CF Bitcoin Reference Rate (BRR).

PRODUCTS

Ether/Bitcoin Ratio futures

Introducing Ether/Bitcoin Ratio futures, a seamless new way for market participants to express their view on the relative value between Bitcoin and Ether futures. 

Explore this product in depth

PRODUCTS

Basis Trade at Index Close (BTIC)

Trade the cryptocurrency basis with the pricing credibility and transparency of regulated CME CF Bitcoin Reference Rate (BRR) and Ether-Dollar Reference Rate (ETHUSD_RR) benchmarks. BTIC is now available on Bitcoin, Micro Bitcoin, and Ether futures.

Vendor trading codes

  ROOT CODE: BTC
Platform(s) Futures Options
Bloomberg Front Month BTCA Curncy BTCA Curncy OMON
Refinitiv Front Month BTCc1 1BTC
Actant CME Direct, CQG, CTS, Fidessa, ION,
Itiviti, Sungard, TT, Vela
BTC BTC
DTN / Blue Ocean, Morningstar @BTC @BTC
Activ BTC/[y][m].CMG BTC/[y][m]/[strike][put(p)/call(c)].CMG
Paradigm BTC OG

Learn about the underlying Bitcoin pricing products

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

CME Direct users: download the Bitcoin options grid

  1. Right click on the buttons below
  2. Save the files as an .XML on your computer
  3. In CME Direct, select import view in the main menu
  4. Import the grid into CME Direct

Explore options on Bitcoin and Micro Bitcoin futures

Easier than ever to manage bitcoin price risk

Enjoy greater precision and versatility in managing short-term bitcoin exposure throughout the week with Bitcoin Monday through Friday weekly options.

  • Shorter-term contracts offer more flexibility to manage risk around market-moving economic events.
  • The new contracts complement the existing monthly and quarterly options on Bitcoin futures.

Also available: Monday through Friday weekly options on Ether futures and Tuesday and Thursday options on Micro Bitcoin and Micro Ether futures. 

Manage bitcoin risk with greater precision and a smaller-sized contract

Expand the bitcoin strategies you can build throughout the week with new Tuesday and Thursday expiries available on Micro Bitcoin futures.

  • Access more choices with smaller-sized weekly options designed to provide greater precision and flexibility to help you manage short-term cryptocurrency exposure and price risk.
  • These new contracts complement existing Monday, Wednesday, Friday weekly, monthly, and quarterly expirations.

Also available: Tuesday and Thursday options on Micro Ether futures and Monday through Friday weekly options on Bitcoin and Ether futures. 

More choices to manage cryptocurrency exposure

Manage risk, express a view, and unlock capital efficiencies with market-leading Cryptocurrency products.

Ether futures

Efficiently manage exposure to the second largest cryptocurrency by market capitalization.

Micro Ether futures and options

Enjoy the same features of larger Ether futures at a fraction of the size and lower margins.

Bitcoin Euro futures

Get greater flexibility in managing euro-denominated bitcoin exposure with Bitcoin Euro futures.

Micro Bitcoin futures and options

Discover the precision and efficiency of trading bitcoin using a contract 1/10 the size of one bitcoin.

Analyze cryptocurrencies using tools

Build and refine your trading strategies with free pricing and analytical tools for CME Group Cryptocurrency products.

Courses

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.

Contact an Equity Index expert

Connect with a member of our expert Equity team for more information about our products.

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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