Bitcoin Futures Contract
Bitcoin futures contracts allow investors the opportunity to speculate on the price of this cryptocurrency without having to own actual Bitcoins. These futures contracts are regulated and can provide traders the opportunity to speculate or hedge risk against price volatility in Bitcoins.
Contract Unit
5 Bitcoins – as defined by the CME CF Bitcoin Reference Rate (BRR)
Futures Contract
Symbol
CME Globex: BTC
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
5.00 per Bitcoin = $25.00
Contract Months
All 12 months
Settlement Method
Cash settled
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.
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