Expert Takes: CME Group Launches Ethereum Futures

News, Opinion | February 9, 2021 By:

On Monday, the CME Group expanded their crypto derivatives offering by launching futures contracts for ether (ETH), the native cryptocurrency of the Ethereum blockchain network.

CME Ether futures are cash-settled, based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the US dollar price of Ether.