{"id":565012,"date":"2020-12-16T20:15:46","date_gmt":"2020-12-16T17:15:46","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=565012"},"modified":"2020-12-16T21:53:43","modified_gmt":"2020-12-16T18:53:43","slug":"cme-group-plans-to-launch-ethereum-eth-futures-on-feb-8th-2021","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/cme-group-plans-to-launch-ethereum-eth-futures-on-feb-8th-2021\/","title":{"rendered":"CME Group Plans to Launch Ethereum (ETH) Futures on Feb. 8th, 2021"},"content":{"rendered":"
Quick summary:<\/strong><\/p>\n The CME Group has announced that they will be launching Ethereum (ETH)<\/a> futures on February 8th, 2021. According to<\/a> the official announcement, the Ethereum futures are pending regulatory review and will be cash-settled once approved.<\/p>\n Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, expressed optimism that the Ethereum futures will be as successful as their Bitcoin futures contracts<\/a> that were launched exactly 3 years ago on December 17th, 2017.<\/p>\n 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.<\/p>\n Ethereum is the second-largest cryptocurrency by both market capitalization and daily volume. The introduction of listed Ether futures to our time-tested, regulated CME Group derivatives marketplace will help to create a forward curve so Ethereum market participants can better manage price risk.<\/p><\/blockquote>\n With respect to the price of Ethereum, the value of ETH has skyrocketed past $600 as Bitcoin posted a new all-time high<\/a> earlier today. At the time of writing, Ethereum is trading at $627 and looks set to keep pushing forward<\/a> in tandem with a generally bullish outlook by crypto investors. Furthermore, a bullish Ethereum could be the first sign of the highly anticipated alt-season<\/a> that could mimic the 2017\/2018 season.<\/p>\n","protected":false},"excerpt":{"rendered":" Quick summary: The CME Group has announced that they will launch Ethereum futures on February 8th, 2021 The launch is pending regulatory review The Ethereum futures will be cash-settled Ethereum joins Bitcoin as the second digital asset with futures contracts handled by the CME Group Ethereum’s value has surged past $600 due to a bullish Bitcoin and could keep going higher The CME Group has announced that they will be launching Ethereum (ETH) futures on February 8th, 2021. According to […]<\/p>\n","protected":false},"author":22,"featured_media":561910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[823],"tags":[108207,1322,5016],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565012"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=565012"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/561910"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=565012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=565012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=565012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Ethereum Futures will Mimic the Success of the CME Bitcoin Futures<\/h2>\n
Ethereum’s Price Skyrockets Past $600<\/h2>\n