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CME Group Dives into Euro-Denominated Bitcoin and Ether Futures Market
The global derivatives marketplace CME Group plans to expand its cryptocurrency derivatives suite with Bitcoin and ether futures. Dubbed Micro Bitcoin Euro and Micro Ether Euro futures, the products will be launched on March 18, pending regulatory approval. CME Group Enhances Crypto Hedging: Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group, mentioned: "The launch of these new Micro Euro-denominated contracts will provide clients with additional products to more efficiently hedge Bitcoin and ether exposure in the second-highest traded fiat behind US dollar-based contracts." ... (full story)