CME Group plans to launch micro-sized Bitcoin and Ether options By Cointelegraph

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© Reuters

Major derivatives marketplace Chicago Mercantile Exchange Group will launch options trading for its micro and Ether futures products.

In a Tuesday announcement, the CME Group (NASDAQ:) said that subject to regulatory review, it plans to launch options contracts for its existing micro Bitcoin (BTC) and Ether (ETH) futures that will be 10% the size of the respective tokens. The futures options, expected to start trading on March 28, will come more than two years after the firm launched a BTC options trading product in January 2020 and more than four years since the group launched the first Bitcoin futures contract in December 2017.