CME has no plans to launch physically-settled bitcoin futures, says executive

CME Group has no current plans to offer physically-settled bitcoin futures contracts, The Block reports. Tim McCourt, global head of equity index and alternative investment products at CME, told that to Markets Media in an interview published Tuesday. CME recently announced that it is going to launch bitcoin options contracts in Q1 of 2020, based on “increasing client demand” and “robust growth” in its bitcoin futures markets.

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