CME Group is set to unveil for trading on May 3rd its new Micro Bitcoin Futures contract. This instrument is 1/10th the size of a traditional Bitcoin contract. Its smaller size may make it available to a much wider group of potential traders and could further popularize the cryptocurrency as a trading vehicle.
Bitcoin and other cryptocurrencies have been the topic of much speculation in recent months. Bitcoin recently hit fresh all-time highs around $60,000 per unit. The push towards new highs fro