6/28/2021 4:11:44 AM GMT The CME Group’s Micro Bitcoin futures have surpassed the 1 million mark in contracts traded. This financial instrument allows institutions and retail traders to invest at a lower price point at 0.1 BTC. Having launched less than two months ago, the demand shows that institutions are looking to hedge their positions. Micro Bitcoin futures launched by the Chicago Mercantile Exchange (CME) in early May have gained considerable traction in the first two months of trading. The right time to launch smaller Bitcoin futures contracts CME Group launched Micro Bitcoin futures contracts on May 3, providing a more cost-effective entry for market participants.