Buying Bitcoin Will Be Cheaper With CME Group In The Picture: Here’s Why [Video]

CME Group plans to support spot Bitcoin trading soon. One analyst now says this will make holding BTC long positions cheaper.

Cryptocurrency trading has evolved from the early days of Bitcoin peer-to-peer trading to the failure of FTX.

There are retailers and institutions, all interested in making the sphere more fluid, liquid, and easy to participate in.

Of all institutions and big-money players in the United States, the CME Group is among the most active and interesting.

From enabling the first trading of Bitcoin futures in 2017 to news that they plan to launch a spot Bitcoin trading platform, it shows how fast crypto is evolving and maturing.

CME Group Plans To Launch Spot Bitcoin Trading Platform

Taking to X, Willy Woo, an on-chain analyst, noted that should the CME Group actualize its plans and launch a spot Bitcoin trading platform, taking BTC long positions would be cheaper.

Woo adds that this …