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CME’s bitcoin futures are off to a record-breaking start this year

by Frank Chaparro

February 20, 2019, 10:04PM EDT  ·  2 min read

Quick Take

  • CME Group is reporting a record-breaking start to 2019 for its futures product tied to bitcoin
  • In an internal email, the firm said institutional interest has increased for the contract

by Frank Chaparro

February 20, 2019, 10:04PM EDT  ·  2 min read

CME Group, the Chicago-based derivatives market, has seen its future tied to bitcoin take off during the first quarter of 2019, according to an internal email. 

The firm first rolled out its future, which allows companies to bet on the future price of the crypto asset, in December 2017. As per the email reviewed by The Block, a CME representative wrote that Feb.