ProShares Seeks Waiver From CME for Position Limits on New Bitcoin Futures ETF: Report

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ProShares Seeks Waiver From CME for Position Limits on New Bitcoin Futures ETF: Report

Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer can buy in the new ETF to 4,000, dropping to 2,000 three days before expiration. As each contract represents five bitcoin, total ownership is limited to 20,000 bitcoin. www.coindesk.com



Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer can buy in the new ETF to 4,000, dropping to 2,000 three days before expiration. As each contract represents five bitcoin, total ownership is limited to 20,000 bitcoin.



www.coindesk.com