June 29, Chicago Mercantile Change (CME) Group introduced plans to introduce Ether/Bitcoin futures. These futures are scheduled to open on July 31, topic to a regulatory evaluation.
In accordance with the announcement, Ether/Bitcoin Ratio futures can be settled in money based mostly on CME Group’s remaining Ether settlement value (ETH) futures divided by the ultimate settlement value of CME Group (NASDAQ:) (BTC) futures contracts. Moreover, this new contract will observe the equivalent itemizing cycle noticed for CME Group’s Bitcoin futures and Ether futures contracts.
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