Best Crypto to Buy as Derivatives Exchange CME Set to Launch XRP Futures
CME Group, a leading derivatives provider, has announced the launch of cash-settled XRP futures. This cryptocurrency-tied derivative product will be launched on May 19 after necessary regulatory approvals. It’s also worth noting that CME successfully launched Solana futures last month. Ever since the appointment of Donald Trump as the president, there has been an increase in derivative offerings tied to cryptocurrencies. Keep reading to learn more about the growing trend of crypto trading products and which is the best crypto to buy now to make the most of this unique opportunity.....
Related News
On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming launch of ethereum-based micro futures slated to be listed on December 6. The launch follows CME Group’s bitcoin micro futures listing in May, which saw 100,000 micro bitcoin futures traded during the first six days after launch. CME to Launch Micro Ether Futures Pending Regulatory Approval CME Group announced on Tuesday that the company plans to launch micro ether futures on December 6, “pending regulatory review.” According to the CME....
On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.” Coinbase derivatives are regulated by the Commodity Futures Trading Commission (CFTC).
Coinbase Introduces BIT, a Futures Product Tied to 1/100th of a Bitcoin
Coinbase is getting into the world of crypto derivatives as the Coinbase Derivatives Exchange has announced the launch of BIT, a nano....
On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February 8, 2021. While bitcoin (BTC) has touched a new all-time price high, the second-largest crypto market held by ethereum (ETH) has also gained a lot of momentum. On Wednesday, December 16, 2020, ether prices jumped to $625 per unit and captured a market valuation of around $71 billion. Meanwhile,....
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to “Further grow the cryptoeconomy.”
Coinbase Registers to Offer Crypto Futures and Derivatives Trading
Coinbase Global Inc. (Nasdaq: COIN) announced Wednesday via Twitter that it has filed an application with the National Futures Association (NFA) to register as a Futures Commission Merchant (FCM). The exchange wrote:
This is the next step to broaden our....
Bitcoin-based derivatives exchange-traded notes (ETN) will be available for European investors on September 13th, 2021. Leading derivatives exchange Eurex announced this investment product via its website. We’re excited to announce the launch of #Bitcoin ETN #futures. As the extension of the ETN traded so successfully on @Xetra, the new contract offers clients access to the […]