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10 May 2021

What CME Micro Futures Mean for the Bitcoin Market - Decrypt

What CME Micro Futures Mean for the Bitcoin Market - Decrypt


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What it boils down to is that Bitcoin futures contracts are now available to investors at $6,660 in today’s market—a far cry from $290,000, the worth of non-micro Bitcoin futures.

If you’re planning on buying 1 BTC at today’s price of $56,660 in a couple of months, then you can lock in that price through a futures contract.

They can also be bought and sold like any market-traded asset, allowing bets on the price difference between the contract price at the time of signing and the real market price at that given future date.

But if Bitcoin’s price keeps climbing even higher, the current micro Bitcoin contracts could also price out a lot of people in the future.

It’s still small potatoes compared to Bitcoin futures of course, but micro Ethereum futures might also be on the horizon, if Ethereum’s meteoric price rise continues.

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