What is CME's bitcoin futures contract?

CME’s Bitcoin futures contract, ticker symbol BTC, is a USD cash-settled contract based on the CME CF Bitcoin Reference Rate (BRR), which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.

What are bitcoin futures (BTC)?

Enjoy the features of Bitcoin futures (BTC) in a smaller size that enables traders of all sizes to manage bitcoin price risk. Get the same benefits as the larger contract at 1/50 of the contract size, settled to the regulated CME CF Bitcoin Reference Rate (BRR).

What is CME CF Bitcoin reference rate?

As the standardized, regulated reference rate that underlies Bitcoin and Micro Bitcoin futures, CME CF Bitcoin Reference Rate provides more transparency to the Cryptocurrency market. Manage risk, express a view, and unlock capital efficiencies with market-leading Cryptocurrency products.

What are micro bitcoin futures (MBT)?

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost-effective new way to fine-tune bitcoin exposure and enhance your trading strategies. Enjoy the features of Bitcoin futures (BTC) in a smaller size that enables traders of all sizes to manage bitcoin price risk.