CME Announces Ether Futures for Early 2021 Launch
December 17th | 2020
CME Group recently announced that it will be launching Ether Futures in February 2021. The new contracts will use the CME CF ether-dollar reference rate from CF Benchmarks, the FCA-approved crypto indices provider. Each contract will have 50 units of ether and the derivative product will be open to trade between 5:00 p.m. to 4:00 p.m. CT from Sunday to Friday. This is a notable development because ether is the world’s second-largest cryptocurrency by market value.