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Chicago Mercantile Exchange (CME) Plans to Launch Spot Bitcoin Trading: FT

May 16, 2024
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The spot market will complement the CME’s current normal and micro futures contracts, that are extensively thought of a proxy for institutional exercise, and assist the trade turn out to be extra dominant within the crypto market. The CME is already the highest bitcoin futures trade by open curiosity, whereas the offshore, non-regulated Binance dominates the spot market. Coinbase (COIN), the one U.S. traded crypto trade, is No. 3 by day by day buying and selling quantity.



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