What is a micro bitcoin futures contract?

CME Group is launching the Micro Bitcoin futures contract ‒ a smaller-sized contract allowing an efficient and cost-effective way to hedge bitcoin price risk or fine-tune bitcoin exposure. This contract will provide the same features as the standard contract with a smaller capital requirement.

How can I calculate my future bitcoin profit?

Optionally, you can also enter investment and exit fees, which will be deducted from the total Bitcoin profit made. With our Bitcoin investment calculator you can calculate your future Bitcoin profit based on starting investment, additional contributions (daily, weekly, monthly, or yearly), rate of return, and years to grow.

What is the minimum price fluctuation for bitcoin futures?

As mentioned previously, the contract unit is 0.10 Bitcoin. The minimum price fluctuation for an outright futures position is $5.00 per Bitcoin, equivalent to $0.50 per contract. An outright futures position refers to the investors’ actions of going long or short without hedging market risks.

How many bitcoin futures contracts are traded a day?

On Bakkt, the Bitcoin futures platform operated by the Intercontinental Exchange, about 11,000 futures contracts are traded each day. In the past 24 hours (as of September 10), $2.03 billion worth of futures contracts were traded on Binance; $2.01 on Huobi; $1.85 on OKEx; and $1.05 on BitMEX.