CME Group Seeks to Track the Bitcoin Price

CME Group Seeks to Track the Bitcoin Price

The world’s largest futures exchange CME Group has launched two indexes for tracking bitcoin’s price, setting the digital currency on a course of well-deserved (and mainstream) publicity. Chief investment officer at Global Advisors Daniel Masters explained: “There is tremendous, pent-up demand in the U.S. for bitcoin exposure that doesn’t require an investor to select one of the current bitcoin exchanges in order to invest.” CME has been one of the year’s leading innovators in the field of cryptocurrency. When banks and finance institutions are studying the blockchain and creating their....


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