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CME Head Tim McCourt Explains How Bitcoin Options Work

Published 10/30/2019, 12:27 PM
Updated 10/30/2019, 12:41 PM
© Reuters.  CME Head Tim McCourt Explains How Bitcoin Options Work

Still in its infancy, the cryptocurrency market currently only offers a fraction of the trading and investment products available in traditional financial markets. Over the past few years, however, the crypto space has continued to develop with products around Bitcoin (BTC) and other crypto assets, such as BitMEX futures and Deribit options.

Mainstream financial entities have also continued to enter the growing sector with crypto trading and investment products, including the Chicago Mercantile Exchange’s (CME) cash-settled Bitcoin futures and Bakkt’s physically-settled Bitcoin futures.

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