CME Group reviewing Ether-to-Bitcoin ratio futures

CME Group reviewing Ether-to-Bitcoin ratio futures


CME Group Introduces Ether-Bitcoin Ratio Futures for Speculation and Trading

CME Group, a derivatives exchange, has announced the launch of ether-bitcoin ratio futures. This new offering allows people to speculate and trade on the price correlation between these two digital currencies.

  • CME Group plans to make the futures available for investment by the end of next month.
  • The launch is subject to regulatory review.
  • The correlation between ether and bitcoin has historically been high, but market dynamics may affect their performance differently over time, creating trading opportunities.
  • Investors will be able to gain exposure to both ether and bitcoin through a single trade.

CME Group Futures Details

The futures contracts will be cash-settled based on the value of CME Group’s ether futures final settlement price divided by the corresponding bitcoin futures final settlement price. The new contracts will follow the same listing cycle as CME Group’s bitcoin futures and ether futures contracts.

Earlier, Coinbase, a US-based cryptocurrency exchange, also announced plans to offer bitcoin and ether futures contracts to attract institutional investors.

Hot Take: CME Group’s introduction of ether-bitcoin ratio futures provides an opportunity for investors to capitalize on the price correlation between these two digital currencies. With the launch pending regulatory review, this move aligns with the trend of traditional financial institutions embracing cryptocurrencies and aims to attract institutional investors.

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