CME expects Asian traders and miners to have huge demand for their upcoming bitcoin options

According to The Block, the derivatives exchange giant Chicago Commodity Exchange Group (CME Group) expects its upcoming bitcoin options to be welcomed by Asian cryptocurrency traders and miners. Tim McCourt, global head of CME stock index and alternative investment products, said on Thursday that the exchange believes that options contracts are expected to be as popular as bitcoin futures, and that bitcoin futures drive most of the demand from Asian and European traders (more than trading volume) 50%).