The Chicago Mercantile Exchange (CME) plans to offer spot Bitcoin trading based on customer demand, according to the Financial Times. CME, already the leading Bitcoin futures exchange, aims to compete with the likes of Binance and Coinbase, which dominate the spot market. “The current bull market is particularly driven by financial institutions that prefer trading in regulated means, so the potential opening of a Bitcoin spot market on global derivatives giant CME could push crypto exchanges to We could lose some of our business,” said founder Markus Thielen. 10x Research added in the report that the spot trading business could be operated through Switzerland’s EBC currency exchange.
