CME Group Launching Euro Crypto Futures - BitcoinEthereumNews.com
kriptoCME Group Launching Euro Crypto Futures08 / 05 / 2022Berita Bitcoin Ethereum The owners of one of the worlds largest derivative exchanges anounced that they will be offering two new berjangka products based on cryptocurrencies. CME Group Inc. plans on introducing Bitcoin serta Ethereum futures contracts denominated in Euros on August 29, pending regulatory review, the company anounced in a tekan rilis. These latest futures products will be sized at five Bitcoin and 50 Ether per contract. Each will be settled by cash using the daily CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, respectively. “Euro-denominated cryptocurrencies are the second highest traded fiat behind the US dollar,” said Tim McCourt, global head of equity and FX products at CME. “Year-to-date, the EMEA region represents 28% of total Bitcoin and Ether futures contracts traded, up more than 5% versus 2021.” Drawing on uncertainty The products come as the crypto markets continue to struggle, with Bitcoin down about 50% so far this year, and Ethereum down 56%. This prolonged state of keriangan is perhaps what has drawn investors to crypto futures, which allow traders to hedge their cash positions in digital currency. “Ongoing uncertainty in cryptocurrency markets, along with the robust growth and deep liquidity of