Micro Bitcoin futures

Micro-sized bitcoin, major possibilities

Watch the webinar

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.

Webinar: Getting Started with Micro Bitcoin Futures

In this recorded webinar, Craig Bewick, Senior Director of Client Development and Sales, discusses the fundamentals behind the new contract, explores the evolution of crypto derivatives, and examines the price action in the market. Watch the webinar to learn how to get started with this smaller-sized contract.

VIEW THE REPLAY

Last Trading Activity

Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
MBT MBT - MBT Micro Bitcoin Futures CME Cryptocurrencies Bitcoin - - Futures 12,642 27,125
BTC BTC - BTC Bitcoin Futures CME Cryptocurrencies Bitcoin - - Futures 6,372 6,815
ETH ETH - ETH Ether Futures CME Cryptocurrencies Ether - - Futures 4,684 4,281
BTC BTC - BTC Options on Bitcoin Futures CME Cryptocurrencies Bitcoin - - Options 81 1,232
Trade Date: 16 Sep 2021 | FINAL

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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    CONTRACT SIZE

    0.10 bitcoin

    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.

    MINIMUM PRICE FLUCTUATION

    Outrights: $5 per bitcoin = $0.50 per contract

    Spreads: $1 per bitcoin = $0.10 per contract

    PRODUCT CODE

    MBT

    LISTING CYCLE

    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.

    Article: How to trade Micro Bitcoin futures (MBT)

    Understand how to get started with Micro Bitcoin futures and how they differ from trading spot cryptocurrencies.

    Getting started with Micro Bitcoin futures

    Download our ten-step guide on how to begin trading Micro Bitcoin futures.

    Vendor Trading Codes

    PLATFORM(S) ROOT CODE: MBT
    Bloomberg Front Month BMR CURNCY
    CME Direct, CQG, Fidessa, FIS Global, ION, Itiviti, Refinitiv, TT, Vela MBT
    DTN @MBT

    Where can I trade Micro Bitcoin futures?

    Below is a list of brokers that offer Micro Bitcoin futures. View the expanded list here.

    Interactive Brokers

    Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 135...

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    NinjaTrader

    NinjaTrader provides award-winning trading software and brokerage services to active traders. Supporting 100,000+ users around the globe & 600+ professiona...

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    Tradovate

    Tradovate combines brokerage and our proprietary trading technology into a single service and offers it through commission free membership plans...

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    Tradestation

    TradeStation Group, Inc. is the parent company of online securities and futures brokerage firms and trading technology companies. It is headquartered in Planta...

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    TD Ameritrade

    TD Ameritrade offers clients a broad array of futures trading tools and resources—all for free (contract, exchange and regulatory fees will apply to futures t...

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    E*TRADE

    E*TRADE is a leading online financial services firm that specializes in a first-class experience for the digitally inclined investor and trader, backed by pers...

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