Find out how CME Group's plan to launch spot Bitcoin trading is stirring up the market! ๐ #Bitcoin #CryptoNews
Bitcoin enthusiasts are abuzz with excitement as reports surface about CME Group's plans to introduce spot trading for the popular cryptocurrency. The move is seen as a significant step towards mainstream adoption of Bitcoin, with the world's largest futures exchange paving the way for more institutional investment in the digital asset. With Bitcoin's price hitting new highs, reaching $66,190 and experiencing a surge of over 7.5% in the past 24 hours, the timing couldn't be more perfect for CME's disruptive entry into the market.
As institutional interest in Bitcoin grows, hedge funds like Millennium Management are making substantial bets on Bitcoin ETFs, indicating confidence in the cryptocurrency's long-term potential. The prospect of regulated spot trading on CME is expected to attract more major players and traders, further solidifying Bitcoin's position in the financial landscape.
In a surprising turn of events, leaked information suggests that a perfect storm may be brewing for Bitcoin, with a massive influx of cash waiting on the sidelines. This revelation has sparked optimism among bullish Bitcoin investors, foreseeing a bullish trajectory for the cryptocurrency's price in the near future.
Amidst changing market dynamics and evolving geopolitical tensions, the future of Bitcoin remains uncertain yet exciting. As CME Group gears up to shake up the market with its spot trading launch, all eyes are on how this development will impact Bitcoin's value and its place in the global economy.
Bitcoin is in focus Thursday morning after a report that futures exchange CME Group plans to offer spot trading in the legacy cryptocurrency.
(Corrects company name to Millennium Mgt in headline). By Suzanne McGee and Hannah Lang. May 15 (Reuters) - A handful of hedge funds, including Millennium ...
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The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients.
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Chicago Mercantile Exchange (CME) Group, the world's largest futures exchange, will soon offer spot Bitcoin trading as crypto is becoming mainstream and ...
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Despite the recent drop in inflows, hundreds of financial institutions have revealed billions of dollars invested in spot BTC ETFs.
CME Group is planning to offer spot Bitcoin trading on its futures exchange, according to a report.
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Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares.
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trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders.
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