Bot-traded futures, explained
How do bot-traded futures work, what are the top tips for success, and what are the common pitfalls to avoid? This explained article reveals all. How popular are trading bots in the crypto market right now?According to TradeSanta, demand for trading bots has increased substantially of late.The latest figures from the platform’s website suggest that it now has more than 100,000 active users, and over 3,200 active trading bots. More than 3.8 million deals have also been completed since the software launched.A range of technical indicators are provided by TradeSanta, and the software also....
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SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF.
Why SEC Approves Bitcoin Futures ETF
As the first futures-based bitcoin exchange-traded fund (ETF) in the U.S. debuted on the NYSE, the chairman of the U.S. Securities and Exchange Commission (SEC) explained why the regulator greenlighted a bitcoin futures ETF but not a spot bitcoin ETF.
In an interview with CNBC Tuesday, SEC....
CME Group’s(Chicago Mercantile Exchange) micro-bitcoin futures have already traded more than one million contracts. This instrument allows institutions and retail traders to invest in the crypto asset at a lower price point of 0.1 bitcoin. The contract has only been available for seven weeks, and demand shows there is still room for new derivatives in the crypto market. CME Micro Bitcoin Futures Sell Big When the CME launched a new set of bitcoin derivatives contracts directed to smaller investors almost two months ago, it didn’t expect so much buzz around it. But, according....
Ethereum trends show it’s becoming more valuable as ETH 2.0 draws near. Thus, institutional investors are clamoring to get in on the action before it is too late. A signal for this has been ETH Futures have been trading at a higher basis premium than BTC Futures on CME. ETH Futures have continuously traded at a higher rolling basis than BTC Futures for the past three months. This could show that institutional investors are more bullish on ETH’s future in comparison to BTC. But other factors have also led to the ETH Futures trading so high. Related Reading | Ethereum Fee Burns Clocks....
The third Bitcoin Futures exchange-traded fund in the U.S. has gone live on the CBOE under the ticker XBTF.
CME Group saw more than one million of its micro bitcoin futures contracts traded in under two months after launch, indicating high interest.