Although volatility has returned to the broader crypto market this year, CME Group’s Cryptocurrency product suite continues to be a haven of consistent liquidity, volume, and open interest (OI) for investors seeking to hedge their risk or gain exposure to the asset class.
Basis Trade at Index Close (BTIC) is now available on Bitcoin, Micro Bitcoin, Ether, and Micro Ether futures against their respective CME CF Reference Rate published at 4:00 p.m. New York time.
The enhancement will enable market participants to better manage risk around the NAV calculation of North American Cryptocurrency ETFs by allowing them to trade Cryptocurrency futures at a spread or basis relative to their desired benchmark.
These new, non-tradable benchmarks provide price discovery and use the same methodology and criteria as other CME CF Cryptocurrency References Reference Rates and Real-Time Indices.
Source: CME Group. Data as of June 30, 2022, unless otherwise specified.
*A Cryptocurrency futures LOIH is defined as any entity that holds at least 25 contracts of the respective futures.
Cryptocurrency futures and options
ADV: 57.4K contracts
Open interest: 106.2K contracts
More expirations now available
The listing schedule for all Cryptocurrency futures and options has expanded to include six consecutive monthly contracts, plus four additional quarterly contracts, and a second December contract, if not already listed.
CME Group's Cryptocurrency markets are now open for trading on most major U.S. holidays, apart from Good Friday, Christmas, New Year’s, and a half day on the day after Thanksgiving.
Launched in March, Micro Bitcoin and Micro Ether options have traded over 85.6K total contracts. Now through January 31, 2023, enjoy a 50% reduction on exchange fees for Micro Crypto options contracts.
See how Micro Bitcoin and Micro Ether options can be effective risk management tools to hedge physical cryptocurrency exposure during periods of market uncertainty.
CME DataMine now offers access to the most comprehensive on-chain cryptocurrency data gathered from blockchain and major cryptocurrency exchanges via third-party data from CryptoQuant – build a deep understanding of the crypto market, improve price valuation, and enhance your trading strategies.
Expand your choices for managing cryptocurrency exposure with our market-leading suite of Cryptocurrency futures and options.