Express

CME Earned $4.7 Million From Its Bitcoin Futures In Q1 2021

Mary Liu

Summary: According to The Block, CME Group earned $4.7 million in revenue from its Bitcoin futures product in the first quarter of 2021, which is higher than the entire 2020, said Senior Managing Director Sean Tully on the earnings call. Despite the success of Bitcoin futures, Tully stated that its investment threshold limits the customer base. The specification of the ...

According to The Block, CME Group earned $4.7 million in revenue from its Bitcoin futures product in the first quarter of 2021, which is higher than the entire 2020, said Senior Managing Director Sean Tully on the earnings call.

Despite the success of Bitcoin futures, Tully stated that its investment threshold limits the customer base.

The specification of the Micro Bitcoin Futures Contract to be launched on May 3 is 1/10 of the standard Bitcoin contract and 1/50 of the Bitcoin futures contract, which is expected to attract more retail and institutional customers to participate.

By Mary Liu

Last Update:

Tags: ,,
Link: CME Earned $4.7 Million From Its Bitcoin Futures In Q1 2021   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 4 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 8 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 27 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 28 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.