Micro Bitcoin futures

Micro-sized bitcoin, major possibilities

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Tap into the precision of a smaller-sized contract

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost-effective new way to fine-tune bitcoin exposure and enhance your trading strategies. Enjoy the features of Bitcoin futures (BTC) in a smaller size that enables traders of all sizes to manage bitcoin price risk.

Key benefits

Trade a smaller-sized contract

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

Price discovery and transparency

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

Precisely scale bitcoin exposure

Add more granularity to your trading and risk-management strategies by using Micro Bitcoin futures to fine-tune your exposure.

Capital efficiency in crypto-trading

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

Last Trading Activity

Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
BTC BTC - BTC Bitcoin Futures CME Equities US Index - - Futures 6,776 8,089
MBT MBT - MBT Micro Bitcoin Futures CME Equities US Index - - Futures 10,040 3,647
ETH ETH - ETH Ether Futures CME Equities US Index - - Futures 3,384 2,614
BTC BTC - BTC Options on Bitcoin Futures CME Equities US Index - - Options 64 1,045
Trade Date: 05 May 2021 | PRELIMINARY

Learn about Micro Bitcoin futures

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

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    0.10 bitcoin


    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.


    Outrights: $5 per bitcoin = $0.50 per contract

    Spreads: $1 per bitcoin = $0.10 per contract




    Six consecutive monthly contracts inclusive of the nearest two December contracts.

    More about Micro Bitcoin futures

    Fact card

    Download the product overview and contract specifications to share or print.

    CME Bitcoin futures

    Find out more about standard Bitcoin futures and options

    Webinar: Getting started with Micro Bitcoin futures

    Craig Bewick, Senior Director, Client Development and Sales at CME Group, discusses MBT fundamentals, the evolution of the crypto derivatives market, and more.

    Webinar: Bitcoin for Institutions - The New Normal

    Industry experts from CME Group, Grayscale, Genesis, and Fidelity Digital Assets discuss the factors behind the growing institutional interest in bitcoin.

    Vendor Trading Codes

    Bloomberg Front Month BMR CURNCY
    CME Direct, CQG, Fidessa, FIS Global, ION, Itiviti, Refinitiv, TT, Vela MBT
    DTN @MBT

    About underlying Bitcoin pricing products

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