The Chicago Mercantile Exchange (CME) has just announced it intends to launch options contracts whose underlying assets will be microfutures on BTC and ETH.
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As reported by the company, trading in these new instruments will begin to be available next March 28, 2022 once they receive regulatory approval.
According to CME:
"These options contracts enable market participants to efficiently hedge market-moving events with greater precision and flexibility, enabling traders of all sizes to access crypto market exposure."
CME launched Micro Bitcoin (MBT) in May and Micro Ethereum (MET) back in December 2021. In both cases, the contract represents one-tenth of the underlying asset and is settlement.
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During the instruments' circulation in the market, their total trading volume exceeded 5.2 million contracts.