Futures

Bitcoin Futures ETFs May Boost Cash and Carry Yields

Bitcoin Futures ETFs May Boost Cash and Carry Yields

Assuming Wall Street embraces these ETFs, the futures premium, or the spread between futures prices and spot prices, would rise significantly, boosting yields from cash and carry strategy, which involves buying the asset in the spot market and simultaneously selling futures contracts. Carry trades are direction-neutral and profit from an eventual convergence of the two …

Bitcoin Futures ETFs May Boost Cash and Carry Yields Read More »

Citigroup is working with regulators to start trading bitcoin futures: report

Citigroup is working with regulators to start trading bitcoin futures: report

As reported by CoinDesk on August 24, Citigroup is performing the regulatory legwork necessary to start trading CME’s bitcoin futures product. Citing sources with knowledge of the process, CoinDesk said that institutional interest was pushing the banking giant to take up Bitcoin futures trading. Representatives for Citigroup have previously mentioned accumulated institutional interest in crypto …

Citigroup is working with regulators to start trading bitcoin futures: report Read More »

CME eyes 'much wider potential customer base' with next week's micro bitcoin futures launch

CME eyes ‘much wider potential customer base’ with next week’s micro bitcoin futures launch

CME Group execs discussed the firm’s bitcoin futures offerings during an earnings call on Wednesday, with next week’s expected launch of micro bitcoin futures predicted to open the door to a potentially wider customer base. According to a published transcript, CME brought in $4.7 million in revenue from its bitcoin futures offering. Senior managing director …

CME eyes ‘much wider potential customer base’ with next week’s micro bitcoin futures launch Read More »

Latest bitcoin ETF filing submitted by First Advisors, SkyBridge Capital

Exchange giant Cboe could re-list bitcoin futures, suggests CEO

Exchange giant Cboe Global Markets could re-list bitcoin futures, CEO Ed Tilly has suggested. “We’re still interested in the space, we haven’t given up on it,” Tilly told Bloomberg in a report published Thursday. “We’re keen on building out the entire platform. There’s a lot of demand from retail and institutions, and we need to …

Exchange giant Cboe could re-list bitcoin futures, suggests CEO Read More »

CME bitcoin futures cross $1 billion in open interest — a new all-time high

CME bitcoin futures cross $1 billion in open interest — a new all-time high

CME Group’s cash-settled bitcoin futures have hit an all-time high open interest of $1 billion. The milestone comes as bitcoin price continues to surge at around $18,000 levels. The spike in the open interest, or the value of outstanding derivative contracts that are yet to be settled, suggests that more money is flowing in the …

CME bitcoin futures cross $1 billion in open interest — a new all-time high Read More »

CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

CME Group, a regulated bitcoin futures trading platform, has quietly become the second-largest player, surpassing Binance and BitMEX. Yesterday, CME recorded an open interest of $790 million as compared to $718 million by Binance and $601 million by BitMEX, according to The Block Research. Open interest in the value of outstanding derivative contracts that are …

CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange Read More »

Could Bitcoin futures' low premium be a good entry point for traders?

Could Bitcoin futures’ low premium be a good entry point for traders?

The volatility in the crypto market has been growing and Bitcoin has broken out of its consolidation phase. This uptick in volatility may indicate a larger game at play for the future of Bitcoin. This expectation has been in the market for a long time, even when BTC consolidated and more and more users were …

Could Bitcoin futures’ low premium be a good entry point for traders? Read More »