crypto27cbw
the-Chicago-Mercantile-Exchange-CME-is-xpected-to-launch-Ethereum-micro-futures
After launching Micro Bitcoin futures in May, the Chicago Mercantile Exchange (CME) is expected to launch Ethereum micro futures on December 6. The Micro Ether futures will be one-tenth the size of an Ethereum coin.
According to the marketplace, investors will be able to trade much smaller amounts with this than with current Ethereum futures.
CME's Micro Bitcoin futures had 1 million contract trades by the end of June. The CME Group launched Ether Futures in February, and contract liquidity has steadily increased. In May of this year, the exchange launched its Micro Bitcoin future, which had 2.7 million contracts traded as of November.
The CME Group's bitcoin futures are based on prices from five cryptocurrency exchanges. Futures lock in the Bitcoin price, but they differ from the current spot price of bitcoin. Any ETF that is based on futures can underperform the underlying asset that it is supposed to track.
the-Chicago-Mercantile-Exchange-CME-is-xpected-to-launch-Ethereum-micro-futures
After launching Micro Bitcoin futures in May, the Chicago Mercantile Exchange (CME) is expected to launch Ethereum micro futures on December 6. The Micro Ether futures will be one-tenth the size of an Ethereum coin.
According to the marketplace, investors will be able to trade much smaller amounts with this than with current Ethereum futures.
CME's Micro Bitcoin futures had 1 million contract trades by the end of June. The CME Group launched Ether Futures in February, and contract liquidity has steadily increased. In May of this year, the exchange launched its Micro Bitcoin future, which had 2.7 million contracts traded as of November.
The CME Group's bitcoin futures are based on prices from five cryptocurrency exchanges. Futures lock in the Bitcoin price, but they differ from the current spot price of bitcoin. Any ETF that is based on futures can underperform the underlying asset that it is supposed to track.