Crypto Futures News 

CME: Despite Pullback in Bitcoin Prices, Investor Interest Is Strong

“The Chicago Mercantile Exchange (CME) Group recently tweeted that, despite the Bitcoin (BTC) price pullback, customer interest in CME Bitcoin futures remained strong during Q3 2019” writes Joeri Cant for cointelegraph.com. On Oct. 9, the CME Group took to Twitter to state that customer interest in CME Bitcoin futures remained strong during Q3 2019, with daily open interest (OI) of over 4,600 contracts, up 61% vs Q3 2018, because of the strong interest of institutional investors.Cointelegraph previously reported that CME is adding options to its Bitcoin futures contracts in the first quarter of 2020, pending regulatory review. Its current Bitcoin futures contracts are settled in cash and McCourt added that “the number one demand from customers has been for options on our futures” since the launch of its futures product.
 
Source: cointelegraph.com



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