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CME Launches Ethereum Micro Futures Trading

by Vaibhav
December 7, 2021
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CME Launches Ethereum Micro Futures Trading
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On December 6, the Chicago Mercantile Exchange (CME) launched micro-futures trading based on the Ethereum cryptocurrency.

The newest member of the CME Group cryptocurrency product family has arrived. Micro Ether futures are available for trading. https://t.co/bJoZWA7qZz

– CME Group (@CMEGroup) December 6, 2021

Each contract is one tenth of ETH. Micro futures are calculated and do not imply the delivery of a physical asset.

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Against this background, the price of the second cryptocurrency in terms of capitalization exceeded $ 4160. Over the past day, the asset has risen in price by 0.5%, according to CoinGecko…

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Bitstamp ETH / USD chart. Data: TradingView…

Recall that in February, the Chicago Mercantile Exchange launched Ethereum futures. In May, CME began trading Bitcoin microfutures.

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