Micro Bitcoin Futures: You Cannot Resist It
The popularity of Bitcoin has increased over the years. In fact, this virtual currency has risen over 100% in 2021 and has surged more than 600% in the past 12 months. It recently breached the $1 trillion market capitalization for the first time which is indeed phenomenal. Company such as Tesla has given wings to bitcoin and brought it to current levels. Tesla has indicated that they will accept bitcoin payments from customers, and fintech giants PayPal and Square have announced that their users can buy and sell crypto currency, and potentially even transact them at stores. The sheer market cap of the crypto currency space now stands at over $2 trillion and it has become quite attractive to institutional investors who cannot keep themselves away from it. The introduction of Micro Bitcoin futures has been done to fulfil the demand for smaller-sized contracts that will offer more accessibility to a regulated Bitcoin futures market. One BTC future is equivalent to five bitcoin; however, ...