CME Group to offer Ether/Bitcoin ratio futures in July
The derivatives marketplace will roll out the new investment product this summer, pending approval from regulators.
Track crypto derivatives news, futures, options, perpetuals, leverage trends, and trader positioning across volatile digital asset markets.
The ETP will be based on a new MSCI index tracking 20 leading digital assets — set to launch on Germany's Deutsche Börse XETRA in April.
Oral arguments for Grayscale's case against the SEC is penned for March 7.
Bitcoin's annualized 3-month futures basis just came out of deep backwardation. Every time this happened in the past, a price rally occurred within months.
For the purposes of this article, we'll be looking broadly at these three measures: security and privacy, transaction and cost efficiency and lastly, token ecosystems and reward-generating offerings.
Data analyzed by CryptoSlate showed that roughly $3 billion worth of Bitcoin derivatives positions have been closed out in two months.
JP Morgan said regulation is coming to crypto following the FTX collapse and highlighted the importance of self-custody, asset security, and customer protection.