Category: Bitcoin Futures

CME Micro Bitcoin futures surpass 1M contracts as institutional speculation grows

CME Micro Bitcoin futures surpass 1M contracts as institutional speculation grows

The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. 11302 Total views 10 Total shares Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months […]

Continue Reading

Institutional investors dump Bitcoin for gold, JPMorgan analysts say

Institutional investors dump Bitcoin for gold, JPMorgan analysts say

JPMorgan still sees a $140,000 Bitcoin price as a long-term theoretical target. 1685 Total views 5 Total shares Amid Bitcoin touching five-month lows near $30,000, JPMorgan Chase analysts suggested that large institutional investors are now dumping Bitcoin (BTC) in favor of gold. In its Tuesday note to clients, JPMorgan suggested that institutional investors are going back to […]

Continue Reading