CME Group offers micro-sized options of BTC and ETH


One of the world’s largest derivatives markets, CME Group, has launched micro options for bitcoin and ether. The introduction of these options builds on the tremendous growth and liquidity seen in our futures contracts,” said the CME director.

CME now offers micro bitcoin and ether

CME Group announced on Monday that it now offers options on micro futures contracts. They concern bitcoin and ether. CME’s Micro Bitcoin (MBT) futures are 1/10th of one bitcoin (BTC), and Micro Ether (MET) futures have a similar size, amounting to 1/10th of one ether (ETH).

Tim McCourt, Head of Capital and Foreign Exchange Products at CME Group, commented on this press release:

The introduction of these micro options builds on the significant growth and liquidity we have seen in our micro BTC and micro ETH futures contracts.

“The size [of the contracts] is equal to one-tenth the size of their respective underlying assets,” he added.

He also said that “these contracts will be offered to a wide range of market participants — from institutions to advanced, active, individual traders.” This is to increase “flexibility and precision in managing their exposure to the two largest cryptocurrencies by market capitalization.”

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