Tag Archives: CME

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

The recent losses were the aftermath of the US commodities and Futures Trading Commission [CFTC] coming down hard of BitMEX along with the expiry of futures contracts in the stock market. While Bitcoin was the only major currency to face the brunt of the news directly, altcoins soon followed given the correlation factor. However, as the Bitcoin and altcoin […]

Bitcoin Extends Rally as Trading Volume for CME Futures Hits Three-Week High

Bitcoin Extends Rally as Trading Volume for CME Futures Hits Three-Week High

Trading activity for bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) has picked up pace as bitcoin has extended its recent rally to levels above $7,200. CME traded $347 million worth of futures contracts Thursday – the highest since March 16. On that day, futures witnessed a trading volume of $414 million, according to data […]

Binance Will Soon Reward Market Makers for Providing Futures Liquidity

Binance Will Soon Reward Market Makers for Providing Futures Liquidity

Cryptocurrency exchange Binance is adjusting its fee structure to get market makers to add liquidity on its futures platform. Under the revised Binance Futures Market Maker Program, market makers will receive a negative fee for selected trading pairs, according to an official announcement on Monday. A “market maker” is a user who adds liquidity, or buying and selling […]

WisdomTree launches its first bitcoin exchange-traded product

WisdomTree launches its first bitcoin exchange-traded product

LONDON (Reuters) – U.S. asset manager WisdomTree launched on Tuesday its first investment product that tracks bitcoin, a rare example of a mainstream money manager offering exposure to the volatile world of digital currencies. WisdomTree, which specializes in exchange-traded funds, said in a statement the bitcoin exchange product (ETP) will offer large investors exposure to […]

Bakkt now plans to offer cash-settled bitcoin futures; looking to beat rival CME Group

Bakkt now plans to offer cash-settled bitcoin futures; looking to beat rival CME Group

Bakkt, a provider of physically-settled bitcoin futures contracts, is now planning to offer a cash-settled version of the product due to customer demand. “We have the intention of offering a cash-settled contract as well,” Bakkt chief operating officer Adam White told at the Invest: NYC conference on Tuesday. Bakkt, a subsidiary of Intercontinental Exchange (ICE), the parent […]

CME Reveals Details of Upcoming Bitcoin Options Contracts

CME Reveals Details of Upcoming Bitcoin Options Contracts

CME Group has just published the specifications for its upcoming bitcoin options contracts. The Chicago exchange revealed Wednesday that each contract would be based on one of CME’s bitcoin futures contracts (which in turn consists of five bitcoin); the contracts would be quoted in U.S. dollars per bitcoin with a tick size of $25 (or $5 for […]

Bakkt to Launch Options on Its Bitcoin Futures Dec. 9

Bakkt to Launch Options on Its Bitcoin Futures Dec. 9

The Intercontinental Exchange (ICE) is launching bitcoin options contracts through its subsidiary Bakkt. Bakkt announced Thursday that it would “launch the first regulated options contract for bitcoin futures,” adding a new product to its current slate of physically-settled bitcoin futures contracts. CEO Kelly Loeffler said in a Medium post that the contracts were built in response to customer […]

SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF

SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF

The U.S. Securities and Exchange Commission (SEC) is again soliciting comments on a proposed exchange-traded fund (ETF) based around bitcoin and Treasury bonds. According to a public filing published Tuesday, investment management firm Wilshire Phoenix and NYSE Arca filed an amendment to their ETF proposal earlier this month to address issuance and redemption for the securities […]