CME Group Considers Launching Spot Bitcoin Trading to Rival Binance and Coinbase
The futures exchange giant aims to expand its crypto offerings as institutional demand for regulated trading options grows.
- CME Group is discussing plans to introduce spot bitcoin trading, potentially challenging Binance and Coinbase.
- The move would complement CME's existing bitcoin futures, enhancing its dominance in the crypto market.
- Traders could benefit from setting up multi-leg strategies involving both spot and futures markets in one regulated venue.
- The potential launch reflects growing institutional interest in regulated crypto trading platforms.
- CME has been a leader in bitcoin futures trading since 2017, alongside CBOE.