El banco comenzará a negociar primero los futuros de bitcoin y luego notas de bitcoin negociables en el mercado, según confirmó una fuente a CoinDesk.
Citi will begin trading CME bitcoin futures first and then bitcoin exchange-traded notes, one of the sources said.
Clients are in the process of being set up, with some already live, according to one of two sources.
The exchange is giving traders another way to bet on bitcoin.
The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.
A financially settled and U.S. regulated ether futures product makes all the difference.
The ether rally appears to be more organic and driven from within the crypto industry.
Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.
The Chicago Mercantile Exchange (CME) announced Wednesday it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February.
Open interest in bitcoin futures listed on the CME has recovered significantly from March’s lows, signaling a resurgence of institutional participation.
Daily trading volume in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) dropped to year-to-date lows on Friday.
Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday.
Trading volumes in bitcoin options listed on the Intercontinental Exchange's Bakkt platform have completely dried up, even while CME’s options product is seeing strong interest.
Bitcoin.com is in talks to list a bitcoin cash futures contract on a regulated exchange, according to the head of the company’s exchange division.