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Cryptocurrency Ethereum hits record high ahead of CME futures launch
Ethereum hit all-time highs on Wednesday, breaking above $1,500, as traders bought the cryptocurrency ahead of the launch of ethereum futures on the Chicago Mercantile Exchange next week Ethereum has seen year-to-date gains of around 120%, compared with bitcoin’s 30%, and hit a new high of $1,576.7 in early London trading on Wednesday. “The listing of ethereum futures on a regulated exchange should serve to enhance the crypto market structure by allowing investors to gain exposure to the second most important cryptocurrency as a diversifier to bitcoin, or for simply hedging existing ethereum exposures,” wrote ... (full story)
