Effect of CME Futures Options on BTC Price Depends on Halving

Cointelegraph

Published Jan 24, 2020 05:00PM ET

Updated Jan 24, 2020 06:42PM ET

Effect of CME Futures Options on BTC Price Depends on Halving

CME Group (NASDAQ:CME) launched new Bitcoin options on Jan. 14, which was revealed by the company’s global head of equity products Tim McCourt. The introduction of crypto options by a derivatives heavyweight in CME will further uplift the institutional infrastructure supporting the asset class.

Over the long term, investors generally anticipate improvements in the infrastructure surrounding Bitcoin (BTC) to have a positive impact on the cryptocurrency market.

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