On June 29, the Chicago Mercantile Change (CME) Group announcement its plans to introduce Ether/Bitcoin Ratio futures. The launch of those futures contracts is scheduled for July 31, topic to regulatory overview.
In keeping with the announcement, settlement of the Ether/Bitcoin Ratio futures can be in money, primarily based on the ultimate settlement value of CME Group’s Ether (ETH) ahead divided by the ultimate settlement value of the CME Group (NASDAQ:) (BTC) finally. As well as, this new contract will respect the similar citation cycle noticed in CME Group’s Bitcoin and Ether futures contracts.
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