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CME Group Announces Plans for Bitcoin Spot Trading Amid Wall Street Demand

May 16, 2024, 04:33 AM

The Chicago Mercantile Exchange (CME) Group has announced plans to launch Bitcoin spot trading. This move aims to capitalize on the increasing demand for cryptocurrency from Wall Street fund managers. The plan, reported by the Financial Times (FT), reflects CME's strategy to expand its offerings beyond futures trading, catering to the growing interest in digital assets among market participants.