Assets, Ethereum

When Did CME Launch Ethereum Futures?

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.

, a CME Group company.

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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