World's largest futures exchange has expanded its event contracts to include Bitcoin futures
Pending regulatory approval, these new contracts are designed to offer a more transparent and less complex way for investors to access cryptocurrency markets.
They are valued at up to $20 per contract and enable participants to know their maximum profit or loss when entering a trade."Our new event contracts on Bitcoin futures provide a highly transparent and fully regulated platform for investors," said Tim McCourt, Global head of equity and FX products at CME Group.
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