Micro Bitcoin

Futures and Options
Globex Code
MBTH5
Last
84745
Change
+920 (+1.10%)
Volume
97,990
Last Updated01 Mar 2025 04:00:58 AM CT.
Market data is delayed by at least 10 minutes

Tap into the precision of a smaller-sized contract

At 1/10 the size of one bitcoin, Micro Bitcoin futures (MBT) provide an efficient, cost-effective new way to fine-tune bitcoin exposure and enhance your trading strategies. Enjoy the features of Bitcoin futures (BTC) in a smaller size that enables traders of all sizes to manage bitcoin price risk.

Latest Cryptocurrencies news

Features and benefits

Trade a smaller-sized contract

Get the same benefits as the larger contract at 1/50 of the contract size, settled to the regulated CME CF Bitcoin Reference Rate (BRR).

Price discovery and transparency

Trade on a regulated exchange and enjoy the price discovery of transparent futures, where all participants see same prices and quotes.

Precisely scale bitcoin exposure

Add more granularity to your trading and risk-management strategies by using Micro Bitcoin futures to fine-tune your exposure.

Capital efficiency in crypto trading

Save on potential margin offsets with Bitcoin futures and options, and Ether futures, plus add the efficiency of futures contracts.

Explore this product in depth

Review contract highlights

  • Contract Unit
    0.10 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR)
  • Price Quotation
    U.S. dollars and cents
  • Product Code
    CME Globex: MBT
    CME ClearPort: MBT
    Clearing: MBT
    TAS: TBM
    BTIC: "MYB","MIB","AMB"
  • Settlement Method
    Financially Settled
Last Updated01 Mar 2025 04:00:57 AM CT.
Date
Future VolumeOptions Volume

Vendor trading codes

Find codes you can use to look up Micro Bitcoin futures on vendor trading platforms.

Explore options on Bitcoin and Micro Bitcoin futures

Manage bitcoin risk with greater precision and a smaller-sized contract

Expand the crypto strategies you can build throughout the week with new Tuesday and Thursday expiries available on Micro Bitcoin futures.

  • Enjoy more choices with smaller-sized weekly options designed for greater precision and flexibility to help you manage short-term cryptocurrency exposure and price risk.
  • These new contracts complement existing Monday, Wednesday, Friday weekly, monthly, and quarterly expirations.

Also available: Tuesday and Thursday options on Micro Ether futures and Monday through Friday weekly options on Bitcoin and Ether futures. 

Easier than ever to manage bitcoin price risk

Enjoy greater precision and versatility in managing short-term bitcoin exposure throughout the week with Monday through Friday Bitcoin weekly options.

  • Shorter-term contracts offer more flexibility to manage risk around market-moving economic events.
  • The new contracts complement the existing monthly and quarterly options on Bitcoin futures.

Also available: Monday through Friday weekly options on Ether futures and Tuesday and Thursday options on Micro Bitcoin and Micro Ether futures. 

Courses

Video Player is loading.
Current Time 0:00
Duration 3:55
Loaded: 0%
Stream Type LIVE
Remaining Time 3:55
 
1x

Take self-guided courses on Micro Bitcoin futures and options products.

If you're new to futures, the courses below can help you quickly understand the Micro Bitcoin market and start trading.

8 modules
What is Bitcoin?
Launch course

Get better price transparency with CME CF Bitcoin Reference Rate

As the standardized, regulated reference rate that underlies Bitcoin and Micro Bitcoin futures, CME CF Bitcoin Reference Rate provides more transparency to the Cryptocurrency market.

Manage cryptocurrency exposure

Manage risk, express a view, and unlock capital efficiencies with market-leading Cryptocurrency products.

Ether futures and options

Efficiently manage exposure to the second largest cryptocurrency by market capitalization.

Micro Ether futures and options

Enjoy the same features of larger Ether futures at a fraction of the size and lower margins.

Bitcoin futures and options

Trade a view of bitcoin with the first cryptocurrency futures and options launched by CME Group.

Bitcoin Euro futures

Get greater flexibility in managing euro-denominated bitcoin exposure with Bitcoin Euro futures.

Contact a Cryptocurrency expert

Connect with a member of our expert Cryptocurrency team for more information about our products.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.