Micro ETH futures’ slow start isn’t surprising, however, given the current dour market mood. Further, volumes usually dip ahead of the year-end holidays. When micro BTC contracts went live in early May, market sentiment was quite bullish, with bitcoin trading around $60,000. Source link … [Read more...] about CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
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Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market
Bitcoin futures listed on the Chicago Mercantile Exchange (CME) have slipped into ‘backwardation,’ a market condition that represents declining institutional appetite for the cryptocurrency.Data tracked by Skew shows backwardation represented by futures drawing lower prices than the spot prices emerged on Monday with the one-month contract slipping to an annualized discount of … [Read more...] about Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market
Micro Ether Futures now live on CME Group to hedge price price of spot ETH
Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives offerings by launching Micro Ether Futures. The number one and most diverse marketplace for derivatives has now launched two micro cryptocurrency products in this year alone.CME launches micro Ether futuresAccording to the global head of Equity Index and Alternative Investment Products, Tim McCourt, the … [Read more...] about Micro Ether Futures now live on CME Group to hedge price price of spot ETH
CME Group launches micro Ether futures as ETH hovers at $4K
Major derivatives marketplace Chicago Mercantile Exchange Group has expanded its crypto offerings to include a micro Ether futures product.In a Monday announcement, the CME Group said it had launched a micro Ether (ETH) futures contract sized at 0.1 ETH, giving institutional and individual traders another product for Ether exposure. The cash-settled micro ETH derivatives … [Read more...] about CME Group launches micro Ether futures as ETH hovers at $4K
CME Group Introduces Micro Ether Futures
“The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency futures and options,” Tim McCourt, CME Group’s global head of equity index and alternative investment products, said in an email. Source link … [Read more...] about CME Group Introduces Micro Ether Futures