Category: CME

Genesis tests end-of-day pricing for institutional crypto futures product

Genesis tests end-of-day pricing for institutional crypto futures product

Genesis has introduced a trading method allowing institutional investors to trade Bitcoin futures contracts based on their end-of-day closing price. 2269 Total views 6 Total shares Cryptocurrency brokerage firm Genesis Global Capital has announced the completion of a first-of-a-kind trade that will pave the way for new institutional crypto futures products. Genesis has executed the […]

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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with […]

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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 […]

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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 […]

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