Ether Futures to come until the end of 2018. From the looks of it, wants to CBOE Global Markets, the operator of the Chicago stock exchange, the futures contracts for Ethereums Ether bring up the end of the year. According to the Bitcoin Futures that would be the second opportunity to bet by using the CBOE on the price history of crypto-currencies.
The introduction of the Bitcoin Futures December 2017, apparently had great influence on the history of the Bitcoin exchange rate. So it coincided with the period of time that an all-time high in the next chased. It was ultimately a positive Signal for investors that there is now a regulated way to bet on the Bitcoin price, without the cryptocurrency with the largest market need to have capitalization.
As Business Insider now reports, contracts the date for the second-largest Cryptocurrency on the market. With the Ether Futures, it would be thus possible to bet on the Ether-course. If you follow Business Insider, will be traded in the Futures on Gemini. On the Exchange, the Winklevoss brothers, they had launched, ultimately, the BTC Futures.
Decision on Ether Futures rests with the CFTC
At the moment it is still in the hands of the Commodities Futures and Trade Commission, a – or, in the rejection of the Ether Futures. The CME Group, which had brought in addition to the CBOE also Bitcoin Futures on the market, tweeted in July about the rise in popularity of the financial products:
Bitcoin futures average daily volume in Q2 grew 93% over the previous quarter, while open interest surpassed the 2,400 contracts, a 58% increase. Learn more about trading #Bitcoin futures: https://t.co/adjWVWXBPQ pic.twitter.com/UQWC3nGGrI
— CMEGroup (@CMEGroup) July 20, 2018
Thus, the average trading volume in the Bitcoin Futures rose in the second quarter to 93 percent. The current Open Interest – the sum of all open positions in a futures or option contract – spent, however, with 2,400 contracts, a rise of 58 per cent.
The Futures be approved, it could have a significant impact on the Course of Ether. The introduction of the Bitcoin Futures had suspected, that this increase is short-term. Just as the introduction should have had, but also on the rate of fall of complicity.
The Ether exchange rate is currently around 280 US dollars. So he fell in the last 24 hours of almost 0.8 percent. In the monthly course of which he has recorded a decline of 33 percent. Ray of light: a 7-day course of the Ether was able to increase course understated by two percent.