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CME Group Announces Launch of Ether Futures


CME Group Announces Launch of Ether Futures
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CHICAGO, Feb. 8, 2021 /PRNewswire/ CME Group, the world s leading and most diverse derivatives marketplace, today launched Ether futures, further expanding its crypto derivatives offerings in this emerging asset class.
As institutional demand for transparent, exchange-listed crypto derivatives continues to increase, we are pleased to launch our new Ether futures contract, said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. The addition of Ether, along with our liquid Bitcoin futures and options, will create new opportunities for a broad array of clients, whether they are looking to hedge ether positions in the spot market or gain exposure to this cryptocurrency on a regulated derivatives marketplace. ....

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