Europe prepares for first Bitcoin futures launch amid US ETF stalemate
No sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product. Europe's first ever Bitcoin (BTC) futures will launch next month on the continent's largest derivatives market, Eurex, an announcement confirms.In a press release issued Aug. 24, digital asset-backed securities provider ETC Group said that its Bitcoin ETN Futures product will commence trading Sep. 13.Europe highlights "growing institutional demand"ETC Group already operates the world's first centrally-cleared Bitcoin exchange-traded product (ETP), known as BTCetc Physical....
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“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said. The United States Securities and Exchange Commission (SEC) is likely to approve a Bitcoin (BTC) futures exchange-traded product (ETF) by the end of October, according to Bloomberg ETF experts.Bloomberg ETF analysts, Eric Balchunas and James Seyffart, issued an investor note on Tuesday suggesting that last week’s abrupt withdrawals of Ether (ETH) futures ETF proposals by VanEck and ProShares could trigger SEC approval of a....
The US Securities and Exchange Commission (SEC) is reportedly fast-tracking the launch of Ethereum futures exchange-traded funds (ETFs), with a potential trading debut as early as next week. This comes amid mounting anticipation of a possible US government shutdown. First Ethereum Futures ETF Could Launch Monday Bloomberg ETF analyst Eric Balchunas provided significant insight on […]
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....
The CME has become the largest bitcoin futures exchange by open interest amid institutional onboarding.
First announced on Aug. 4, the euro-denominated Ether futures represent investment vehicles launched prior to the blockchain's transition to proof-of-stake. Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts.In a Monday announcement, CME Group said that it launched contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures sized at 5 BTC and 50 ETH per contract. Both contracts will be listed on CME, cash-settled and based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate,....