Building on the success of Bitcoin futures and options, Micro Bitcoin futures (MBT) are now available for trading, the newest addition to the suite of cryptocurrency risk management solutions at CME Group. At 1/10 the size of one bitcoin, these new contracts provide an efficient, cost-effective new way to fine-tune bitcoin exposure and enhance your trading strategies.
Easily trade on your market view
Efficient price discovery in transparent futures markets
Save on potential margin offsets between Bitcoin futures and options on futures
Expand your choices for managing cryptocurrency risk with Bitcoin futures and options on futures
Based on the regulated CME CF Bitcoin Reference Rate (BRR)
Are you new to futures markets? You're in the right place. Learn more about what futures are, how they trade and how you can get started trading.
Why Trade Futures
| Clearing | Globex | ClearPort | Product Name | Exchange | Product Group | Subgroup | Cleared As | Volume | Open Interest |
|---|---|---|---|---|---|---|---|---|---|
| MBT | MBT | MBT | Micro Bitcoin Futures | CME | Equities | US Index | Futures | 20,594 | 15,643 |
| BTC | BTC | BTC | Bitcoin Futures | CME | Equities | US Index | Futures | 6,328 | 8,604 |
| BTC | BTC | BTC | Options on Bitcoin Futures | CME | Equities | US Index | Options | 54 | 1,145 |
Bitcoin futures
View full contract specifications| Contract Unit | 5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR) |
| 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 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. |
| Product Code | Outright: BTC |
| Listing Cycle | Six consecutive monthly contracts inclusive of the nearest two December contracts. |
Pending regulatory review and certification
View Rulebook Details
| 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, skew., 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 |
- Right click on the buttons below
- Save the files as an .XML on your computer
- In CME Direct, select import view in the main menu
- Import the grid into CME Direct
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