Ether/Bitcoin Ratio Futures Set For Launch By CME Group To Capitalize On Market Dynamics
Portfolio Pulse from Murtuza Merchant
CME Group plans to launch Ether (ETH)/Bitcoin (BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract aims to capitalize on the relative value trading opportunities that have emerged as the market dynamics of Ether and Bitcoin have evolved. The Ether/Bitcoin Ratio futures will allow investors to capture Ether and Bitcoin exposure in a single trade, without needing to take a directional view. The new futures contract will be cash-settled to the value of the CME Group Ether futures final settlement price, divided by the corresponding CME Group Bitcoin futures final settlement price.
July 03, 2023 | 3:57 pm
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NEUTRAL IMPACT
The launch of Ether/Bitcoin ratio futures by CME Group could increase trading volumes of Bitcoin, potentially impacting its price.
The launch of Ether/Bitcoin ratio futures by CME Group could lead to increased trading volumes of Bitcoin as investors seek exposure to both cryptocurrencies in a single trade. However, it's uncertain how this will impact Bitcoin's price in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 75
NEUTRAL IMPACT
The launch of Ether/Bitcoin ratio futures by CME Group could increase trading volumes of Ether, potentially impacting its price.
The launch of Ether/Bitcoin ratio futures by CME Group could lead to increased trading volumes of Ether as investors seek exposure to both cryptocurrencies in a single trade. However, it's uncertain how this will impact Ether's price in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 75
POSITIVE IMPACT
CME Group's planned launch of Ether/Bitcoin ratio futures could attract more investors seeking exposure to both cryptocurrencies in a single trade, potentially boosting its revenues.
The launch of Ether/Bitcoin ratio futures by CME Group could attract more investors seeking exposure to both cryptocurrencies in a single trade. This could lead to increased trading volumes and potentially higher revenues for the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100