Derivatives marketplace Chicago Mercantile Exchange (CME) Group today launched micro Bitcoin futures at one tenth the size of one Bitcoin. The new offering aims to attract priced-out retail investors and flexibility-seeking institutional investors. What it boils down to is that Bitcoin futures contracts are now available to investors at $6,660 in today’s market—a far cry from $290,000, the worth of non-micro Bitcoin futures. “When you look at the price of Bitcoin and how much it’s appreciated over the last several months, current future contracts have become prohibitively expensive” Tim McCourt, CME Group global head ... (full story)