From the CME group:
MINIMUM PRICE FLUCTUATION
Outright:
$5.00 per bitcoin = $25.00

So what is the BigPointValue ? $25 ? So that means 1 Tick = BigPointValue ?
My datafeed is showing that BTC TicksPerLargePoint is a fraction, not a multiple.
I would have thought that One Tick = $5 and BigPointValue = $25.
So 5 ticks per Big Point.

MBT 5 points per tick, only $.50 each tick

blackgrey45 

MBT 5 points per tick, only $.50 each tick

You meant: 5 ticks per point. Nothing is smaller than a tick.

At 0.5 per tick for MBT, then BTC is $5 per tick and $25 per BigPoint.

I changed the instrument settings with a custom setting of 5$/tick and 5 ticks per BigpointValue.

The spreads are a mile wide (5 to 8 ticks) in the MBT

blackgrey45 

The spreads are a mile wide (5 to 8 ticks) in the MBT

That's insane. Just go to the BTC...it's manageable with prudent stops.....intraday only of course.
Overnight margin is running around $30k.
There are brokers out there who will let you day trade it for about $3k-$4k per contract.

syswizard 

From the CME group: MINIMUM PRICE FLUCTUATION Outright: $5.00 per bitcoin = $25.00 So what is the BigPointValue ? $25 ? So that means 1 Tick = BigPointValue ? My datafeed is showing that BTC TicksPerLargePoint is a fraction, not a multiple. I would have thought that One Tick = $5 and BigPointValue = $25. So 5 ticks per Big Point.

A point is $1. Hence BigPointValue is $5. Has nothing to do with ticks.