Investors keen to trade on the price correlation between bitcoin and ether may soon have their wish thanks to CME Group.
Pending regulatory review, derivatives exchange CME Group is launching futures contracts that will allow investors to trade on the price correlation between ether and bitcoin.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
The derivatives exchange said it plans to roll out the option to invest in the new futures by the end of next month.
Earlier this month, U.S.-based crypt0currency exchange Coinbase said it planned to offer bitcoin and ether futures contracts in an effort to attract institutional investors. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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