Bitcoiners get lower cost alternative with CME micro futures

The barrier to entry to speculate on Bitcoin is now lower, with a financial services firm offering micro futures of the cryptocurrency. — REUTERS

Bitcoin fans just got a lower cost way to speculate on the world largest cryptocurrency with micro futures from CME Group Inc.

The world’s largest derivatives marketplace is expanding its suite of crypto offerings to include Micro Bitcoin futures as interest from individuals surges on forums such as Reddit with the token’s price near record highs. Other, less regulated, crypto exchanges offer Bitcoin futures.