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. Launched in 2015, Ethereum has gained popularity due to its programmability and smart contract functionality.
The launch of Ethereum futures will provide market participants with a regulated platform for managing cryptocurrency risk and exposure. It will also enable investors to gain exposure to Ethereum without having to hold the underlying asset.
The CME CF Ether-Dollar Reference Rate (BRR) is a daily reference rate that aggregates the trade flow of major digital currency exchanges around the world. The BRR was developed by Crypto Facilities Ltd.
NOTE: This warning note is to inform users that trading in Ethereum Futures carries a high level of risk. Users should be aware that prices may fluctuate rapidly and that any gains or losses could be significant. Users should also be aware of the possible risks associated with using leverage, such as increased exposure to price volatility and the potential for liquidation of positions if prices move against them. Before trading in Ethereum Futures, users should carefully consider their objectives, level of experience and risk appetite. Users should also seek independent advice if necessary.
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The launch of Ethereum futures follows the successful launch of Bitcoin futures in December 2017. Like Bitcoin futures, Ethereum futures will be subject to CME Group’s existing rules and regulations governing commodity futures contracts.
Ethereum is the second-largest cryptocurrency by market capitalization and has gained popularity due to its programmability and smart contract functionality. The launch of Ethereum futures on CME Group’s derivatives marketplace provides market participants with a regulated platform for managing cryptocurrency risk and exposure.
It also enables investors to gain exposure to Ethereum without having to hold the underlying asset.
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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.
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 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.
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.
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.
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.
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.