CME Group on the cusp of launching its long-awaited Ether futures product

CME is about to open its doors to ETH futures trading. The derivatives exchange said in a Sunday morning tweet that ETH futures will go at 6 p.m. ET on Sunday “for a first trade date of Feb. 8.”

CME’s ETH futures were announced in mid-December to much fanfare. Per contract details published on the CME website, the futures are cash-settled and based on the CME CF Ether-Dollar Reference Rate.

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