Bitcoin Derivatives Firm ErisX Adds Cash-Settled Contracts After Physically Settled Futures Fall Flat
Cryptocurrency derivatives platform ErisX launched cash-settled bounded futures on Tuesday.
Chicago Mercantile Exchange now tops the list of the biggest bitcoin futures trading platforms, accounting for nearly 20% of all open interest.
CME Group's announcement that it will launch ether (ETH) futures on Feb. 8, 2021, could spur heightened institutional interest.
The real-time settlement function went live on Dec. 29.
Launching the new futures market depends on regulatory clarity.
The Chicago Mercantile Exchange (CME) announced Wednesday it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February.