CME Group To Launch Ether Futures On February 8, 2021 - Ether Futures To Expand CME Group's Robust Crypto Derivatives Offering For Institutional Traders Alongside CME Bitcoin Futures
Date
16/12/2020
CME Group, the world's leading and most diverse derivatives marketplace, today announced it intends to launch Ether futures starting
February 8, 2021, pending regulatory review.
The new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the
U.S. dollar price of Ether. Ether futures will be listed on and subject to the rules of CME.
"Based on increasing client demand and robust growth in our Bitcoin futures and options markets, we believe the addition of Ether futures will provide our clients with a valuable tool to trade and hedge this growing cryptocurrency," said