Micro Bitcoin: What is the Bitcoin Reference Rate (BRR)?

CME Micro Bitcoin Futures (MBT) is a cash-settled futures contract based on the price of Bitcoin. In practice, this is very similar to stock index futures such as the e-mini S&P 500 futures (ES) in that MBT futures are cash-settled to an index. However, as opposed to stock index futures which are cash-settled to the […]

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