Bitcoin surges past $24,000 on CME launch of BTC event contracts

Bitcoin futures on CME have traded 550,000 contracts since inception. On March 13, American derivatives marketplace CME announced the launch of Bitcoin BTC– $24,777 futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a “lower-cost way for investors to trade their views […]