“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues,” Markus Thielen, founder of 10x Research, said.
![CME Looks to Take on Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report CME Looks to Take on Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report](https://www.coindesk.com/resizer/CkFIMZA6NtSdFq9mQ1OENUjvN8Q=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZM5NK5LKTBHJVJYDMHVP337FUU.jpg)