© Reuters.
Investing.com – CME expects to launch Micro and Micro futures options later this month. The new products will offer one-tenth the exposure to the underlying asset, thereby opening up investment products to a wider market, including individual traders.
This new offer will make it possible to hedge smaller positions that would be suitable for small investors.
The new options will allow traders to express long or short term views with a choice of monthly timeframes as well as weekly timeframes on Monday, Wednesday and Friday.
CME expands on cryptos
The CME is already offering micro futures for the two major crypto assets. The firm’s global head of equity and foreign exchange products, Tim McCourt, commented that nearly 5.3 million BTC and ETH micro-futures had been traded in less than a year, before adding :
“Building on the strength and liquidity of the underlying contracts, our micro-sized options will allow traders of all sizes to effectively hedge market-altering events with greater precision and flexibility or fine-tune their exposure. to the cryptocurrency market.
CME futures products are the only underlying contracts for all Bitcoin ETFs approved by the SEC to date. The regulator still refuses to give the green light to a fund that would be backed by the physical asset itself.
The highly anticipated conversion of the Grayscale Bitcoin Trust to a spot ETP could be the first to be approved this year.
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