CME’s Ethereum futures drove more than $30 million volume on 1st day

The launch of Chicago Mercantile Group’s highly anticipated Ether futures saw more than $30 million worth of contracts traded during the first day of trade.

Launched on Feb. 8, CME’s new Ether product saw 388 contracts traded on its first day, with 303 of the contracts being mobilized to speculate on February’s price. While 84 contracts expiring in March were also traded, only a single April contract changed hands.

Keep reading Cointelegraph and start trading Ethereum!