CME Group Launches Micro Ether Futures

CME Group has launched Micro Ether futures, adding to its existing Micro Bitcoin Futures. "The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency
December 8, 2021 - Editor
Category: Crypto

CME Group has launched Micro Ether futures, adding to its existing Micro Bitcoin Futures. "The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency futures and options…" 

 CME Group has launched Micro Ether futures, adding to its existing Micro Bitcoin Futures.

"The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency futures and options," said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. "Sized at one-tenth of one Ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants – from institutions to sophisticated, active, individual traders – to hedge their spot Ether price risk or more nimbly execute Ether trading strategies, all while retaining the features and benefits of CME Group's larger-sized Ether futures."

"The range of futures products that CME Group offers enable our active trader and institutional investor clients to take advantage of trading opportunities while minimizing price risk across markets," said Steve Sanders, Executive Vice President of Marketing and Product Development at Interactive Brokers. "As investor demand for digital assets continues to grow, we are pleased to now offer our clients access to Micro Ether futures as a cost-effective, efficient and transparent way to access cryptocurrency and manage Ether exposure."

"Wedbush continues to support the evolution of cryptocurrency derivatives," said Bob Fitzsimmons, Executive Vice President at Wedbush Securities. "Micro Ether futures is a timely example of CME Group providing product to the new retail market participants we have witnessed this past year, while also providing institutional asset managers more tools to track performance."


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