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CME Group plans to launch micro-sized Bitcoin and Ether options -Breaking

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© Reuters

Chicago Mercantile Exchange Group, a major derivatives market, will offer options trading to its Ether and micro futures products.

The CME Group (NASDAQ) announced its Tuesday news on Tuesday. It plans to offer options contracts to its micro Bitcoins, subject to regulatory approval.BTCEther (ETHFutures options that are 10% larger than the tokens will also be available. These futures options are expected to begin trading March 28, more than two years ago after the firm introduced a BTC options trading product, in January 2020. They also come nearly four years later than the launch of the initial Bitcoin futures contract in December 2017.