CME Introduces Euro-Based Futures Contracts for Bitcoin and Ethereum in Europe
Wednesday, 21 February 2024, 00:11
CME Group Launches Euro-Based Futures Contracts
With U.S. dollar-denominated funds surging, CME Group has recently introduced Bitcoin and Ethereum futures contracts priced in euros.
Key Points:
- Inclusion of Euro-Based Options: CME's decision caters to the increasing demand for alternative currency options among European investors.
- Market Expansion Strategy: The move indicates CME's strategic initiative to widen its cryptocurrency product offerings globally.
This advancement in financial instruments may drive higher participation in the cryptocurrency markets within Europe, offering enhanced opportunities for investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.