All You Need To Know About Today's CME Bitcoin Futures Contract Launch
Following last week's 'successful' launch of Cboe Bitcoin futures, CME will begin trading of their own 'more institutional' Bitcoin futures contract today.
Here are some of the differences between the products to be offered by the exchange operators.
CONTRACT UNIT
- The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
- The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.
PRICING AND SETTLEMENT