Assets, Ethereum

What Is CME for Ethereum?

CME is an abbreviation for “Commodity Exchange”. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

These apps run on a blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.

The Ethereum network has its own native cryptocurrency, Ether (ETH). ETH is used as gas to power the Ethereum network and is therefore often referred to as “gas”.

ETH can also be traded on exchanges and used to purchase goods and services.

CME Group offers ETH Futures, the first regulated futures contract for ETH, providing exposure to the cryptocurrency without having to hold it. The new contract will trade on CME Globex and CME ClearPort from 8:00 p.m. – 5:00 p.

NOTE: WARNING: The Ethereum CME is an unregulated and highly speculative product. It carries a high risk of loss due to its volatile nature and lack of oversight. Investing in CME for Ethereum should only be done with extreme caution, and only by experienced investors who understand the risks associated with such investments.

m. Central Time (CT) Sunday – Friday with a one-hour break each day beginning at 5:00 p. CT.

The launch of ETH Futures on CME comes as the institutional demand for cryptocurrency products continues to grow. In 2020, CME Group launched Bitcoin futures, which are now the most actively traded product in our growing suite of cryptocurrency derivatives products.

Building off this success, we’re now offering a regulated platform for Ether that meets the evolving needs of our customers.”.

In conclusion, CME provides a way for investors to get exposure to ETH without having to hold it, through ETH Futures contracts that trade on CME Globex and CME ClearPort from 8:00 p.

– 5:00 p.

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