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CME Bitcoin Futures Price Above $20k in First Day Trading

Liang CHE

Summary: CME Group’s long-awaited bitcoin futures began trading today with a bullish signal, as the sale price for its Jan. 18 contracts opened above $20,000. Coming months after the Chicago-based derivatives exchange operator first revealed plans for dedicated bitcoin offerings, the launch took place at 6 p.m EST. At that time, the opening price for the ...

CME Group’s long-awaited bitcoin futures began trading today with a bullish signal, as the sale price for its Jan. 18 contracts opened above $20,000.

Coming months after the Chicago-based derivatives exchange operator first revealed plans for dedicated bitcoin offerings, the launch took place at 6 p.m EST. At that time, the opening price for the January contract was $20,650, $1,150 over the last price on CME’s reference rate ($19,500).

By Liang CHE

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