HomeNewsGame-Changing Alert: CME Group to Introduce Ether/Bitcoin Ratio Futures, Unlocking Exciting Trading...

Game-Changing Alert: CME Group to Introduce Ether/Bitcoin Ratio Futures, Unlocking Exciting Trading Opportunities and Fueling FOMO

- Advertisement -
  • CME Group is set to unveil Ether/Bitcoin Ratio futures on July 31, expanding its suite of cryptocurrency offerings.
  • The Ether/Bitcoin Ratio futures contract allows investors to simultaneously gain exposure to both Bitcoin and Ether, streamlining the investment process.

As a dominant force in the worldwide derivatives market, CME Group has broken new ground by declaring its intent to launch Ether/Bitcoin Ratio futures on July 31, pending regulatory approval. This unique contract promises to pave the way for investors to make a single transaction that exposes them to both Bitcoin and Ether, thus simplifying the process of crypto investment.

A futures contract is essentially a speculative tool, an agreement to buy or sell an asset at a preset price at a specific future date. Investors can adopt a long position, betting on price increase, or a short one, anticipating a price drop. These contracts are meticulously standardized for quality and quantity, designed to ease trading on a futures exchange.

- Advertisement -

CME Group’s Ether/Bitcoin Ratio futures will be cash-settled, based on the closing prices of Bitcoin and Ether. This trailblazing product targets a wider audience, enabling them to hedge positions and implement diverse trading strategies cost-effectively.

CME Group’s track record illustrates a consistent expansion of its cryptocurrency product suite. The company announced in 2017 its plan to launch Bitcoin Futures in the year’s final quarter, marking a critical step towards mainstream financial acceptance of cryptocurrencies. This move, however, ignited controversy, with critics expressing concerns about potential market manipulation and increased volatility. Despite these concerns, CME Group persisted, and over time, Bitcoin futures have become a key tool for institutional investors looking for Bitcoin exposure.

>> Buy Bitcoin quickly and securely with PayPal, credit card or bank transfer at eToro with low fees and deposit protection. Get started with BTC now. Visit Website <<

- Advertisement -

In February 2021, the company introduced Ether futures, thereby extending its array of crypto derivative products. The same year witnessed the launch of Micro Bitcoin futures and Micro Ether futures, providing another avenue for investors to gain exposure to these digital assets but with a smaller capital requirement. Additionally, in August, CME Group added Bitcoin Euro and Ether Euro futures to its portfolio.

Now, the forthcoming Ether/Bitcoin Ratio futures illustrate CME Group’s commitment to provide access to innovative digital asset products that are in high demand from both retail and institutional investors. This contract signifies another major advancement for CFTC-regulated cryptocurrency derivatives, demonstrating the organization’s dedication to cater to the evolving needs of the crypto investment landscape.

 

Best Crypto Exchange for Everyone:

  • Invest in Bitcoin (BTC) and 70+ cryptocurrencies and 3,000+ other assets.
  • 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
  • Copy top-performing traders in real time, automatically.
  • Regulated by financial authorities including FAC and FINRA.

2.8 Million Users

Get Started

 

- Advertisement -
ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
RELATED ARTICLES
- Advertisment -spot_img

LATEST ARTICLES