ErisX Announces Launch of First US Ether Futures Contracts
ErisX is launching physically settled ether futures contracts, it announced Monday.
The market for bitcoin futures snapped back to life on Monday as the cryptocurrency's price surged to an 11-month high.
Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange has cooled as the top cryptocurrency languishes in the price doldrums.
Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent.
BTSE's new perpetual futures contract tracks the value of tether gold tokens priced in bitcoin.