CME Group to offer daily expiries on Bitcoin and Ether options

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CME Group to offer daily expiries on Bitcoin and Ether options
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CME Group to offer daily expiries on Bitcoin and Ether options Bitcoin BTC Ethereum

- CME Group, the operator of the world’s largest derivatives exchange, has announced that it plans to expand its suite of cryptocurrency options across its standard- and micro-sized and Ether contracts, pending regulatory approval.

The new expiries for options on Bitcoin and Ether futures will be offered with Monday, Tuesday, Wednesday, Thursday, and Friday expirations. Additionally, options on micro-sized Bitcoin and Ether futures will “add Tuesday and Thursday expiries to their existing Monday, Wednesday and Friday contracts,” CME Group said.

Following an abysmal year in the crypto market that saw more than $2 trillion in value wiped from the total market cap, 2023 has gotten off to a strong start for the ecosystem, and CME Group is looking to capitalize on the resurgence in interest.

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