CME Group, the world’s largest derivatives marketplace, is launching a futures contract for Ethereum, the second-largest cryptocurrency by market value. The contract will be cash-settled and based on the CME CF Ether-Dollar Reference Rate, which tracks the price of ETH/USD.
The launch of ETH futures contracts on a regulated exchange like CME is seen as a big step forward for the cryptocurrency industry as it will bring more institutional investors into the space. Ethereum has been one of the best performing assets in 2020, with its price rising from around $130 at the start of the year to over $600 at present.
The CME futures contract will be available for trading from February 8, 2021.
NOTE: WARNING: Trading in CME Futures Ethereum involves significant risks and is not suitable for everyone. It is important to understand the risks associated with trading in these products before making any decisions. You should carefully consider your own financial situation and risk appetite before investing in CME Futures Ethereum. In addition, you should seek independent financial advice prior to investing. If in any doubt, you should not invest at all.
What Is CME Futures Ethereum?
CME Group is launching a futures contract for Ethereum, the second-largest cryptocurrency by market value.
The launch of ETH futures contracts on a regulated exchange like CME is seen as a big step forward for the cryptocurrency industry as it will bring more institutional investors into the space.
9 Related Question Answers Found
CME Group, the world’s leading and most diverse derivatives marketplace, today announced it will launch Ether futures in the first quarter of 2021, pending regulatory review. This launch will provide our clients with CME Ether futures, a new and innovative way to trade this growing cryptocurrency. Building off the success of our Bitcoin futures and options contracts, and working closely with the crypto community over the past few years, we are pleased to bring Ether futures to market.
The recent launch of Ethereum futures on the Chicago Mercantile Exchange (CME) has been a watershed moment for the second-largest cryptocurrency. The move legitimizes Ethereum and gives it a level of mainstream financial recognition that few digital assets have attained. It also opens up new opportunities for traders and investors looking to gain exposure to Ethereum price movements without having to hold the underlying asset.
When it comes to digital assets, one of the most popular platforms is Ethereum. The blockchain-based protocol has become a go-to for developers and enterprises looking to launch decentralized applications (dApps) and smart contracts. With its growing popularity, it’s no surprise that CME Group, one of the world’s leading derivatives exchanges, has decided to launch an Ethereum futures product.
CME Futures for Ethereum is a new financial product that offers investors exposure to the price of Ethereum. The product is traded on the CME, the world’s largest derivatives exchange. CME Futures for Ethereum is a cash-settled contract that will trade on the CME Globex platform from 5 p.m.
CME Group, the world’s largest futures exchange, is launching Ethereum futures contracts. The move comes as the second-largest cryptocurrency by market capitalization continues to gain mainstream adoption. The Chicago-based exchange announced the news on Thursday, saying that the contracts will be cash-settled and based on the Ethereum Reference Rate (ETH/USD), which CME Group launched in February.
When it comes to digital currencies, one of the most popular platforms is Ethereum. In recent months, there has been a lot of speculation as to whether or not CME futures will have any affect on Ethereum. While it is still too early to tell for certain, there are a few things that we can look at in order to get a better understanding.
When people talk about the future of Ethereum, they’re really talking about two things: the Ethereum network and the Ethereum protocol. The network is the underlying decentralized infrastructure that allows for the exchange of ETH and other assets, while the protocol is the set of rules that govern how that exchange takes place. The future of Ethereum will be determined by how well it can scale both the network and the protocol to meet the demands of a growing user base.
Ethereum futures are a type of derivatives contract that allows traders to speculate on the future price of Ethereum, the world’s second-largest cryptocurrency by market capitalization. Ethereum futures contracts were first introduced by the Chicago Mercantile Exchange (CME) in February 2020, followed by the Chicago Board Options Exchange (CBOE) in May 2020. Ethereum futures are settled in cash and are traded on regulated exchanges.
On December 17, 2019, CME Group, the world’s leading and most diverse derivatives marketplace, launched Ethereum futures. The new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate (BRR), which aggregates trade data from digital currency exchanges around the world. Ethereum is the second-largest cryptocurrency by market capitalization, behind only Bitcoin.
