Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ADOPTION NEWS»CME Group Plans to Launch Bitcoin Spot Trading: FT
ADOPTION NEWS

CME Group Plans to Launch Bitcoin Spot Trading: FT

By Crypto FlexsMay 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CME Group Plans to Launch Bitcoin Spot Trading: FT
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

The Chicago Mercantile Exchange (CME) Group plans to launch Bitcoin spot trading in addition to its existing futures products, the Financial Times reported, citing people familiar with the matter.

The group has reportedly been holding discussions with traders who prefer to trade cryptocurrencies on regulated platforms. According to the report, this plan has not yet been finalized.

The FT report added that once Bitcoin spot trading begins on the CME, traders could profit from so-called basis trading, which allows them to profit by exploiting the difference between the futures price and the spot price of the underlying asset. CME Group owns the world’s largest futures exchange and already supports Bitcoin futures trading.

If launched as planned, CME will be another channel for Wall Street players to gain greater access to the digital asset, adding to the 11 physical Bitcoin exchange-traded funds approved in the U.S. in January.

In spot trading, the assets being traded are exchanged as quickly as possible, usually on the spot date. In the case of Bitcoin, this involves an instant asset transfer, directly exchanging it for fiat or another cryptocurrency at a given market price. Bitcoin spot trading is available on most cryptocurrency exchanges, such as Coinbase and Binance.

The spot Bitcoin exchange-traded fund was deemed more successful than initially expected, recording net inflows worth $12.15 billion since its debut in January. With the US Securities and Exchange Commission’s approval, Bitcoin’s value hit a new high of over $73,000 in March.

Bitcoin price had risen 6.72% over the past 24 hours to $65,995 at the time of publication.

CME Group declined to comment on the matter.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

Algorand (Algo) Get momentum in the launch and technical growth.

July 14, 2025

It flashes again in July

July 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025

Cardano (ADA) flashes optimistic signals. Did the meeting just started?

July 26, 2025

DL Mining Launches In The U.S.

July 26, 2025

Ripple CTO’s amazing regret for censorship

July 26, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025

Wake’s GMX Hacking Analysis and Attack Scenario

July 25, 2025

Pepeto Announces $5.5M Presale And Demo Trading Platform

July 25, 2025

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Forexus drops NFT coins -the public stage is sold in a few minutes.

July 27, 2025

Using XRP Cloud To Mine BTC And DOGE, Helping Investors Obtain Stable Daily Income

July 27, 2025

Safe and expandable MCP server development: Main strategies and best practices

July 27, 2025
Most Popular

Cardano founding corporation EMURGO establishes growth strategy for 2024

December 29, 2023

SEC sues HyperFund founder for alleged $1.7 billion cryptocurrency ‘Ponzi’ scheme

January 30, 2024

How to use Bitcoin? – Cryptocurrency Advisor

January 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.