CME Says It’s Launching Ethereum Micro Futures as ETH Soars to New Highs

CME will make Ethereum micro futures available on December 6. Read the full article by: Matthew Di Salvo

Key Points:

• The CME announced that starting on December 6th they will be expanding their crypto futures offerings past just BTC with ETH micro futures. Micro futures are a way for regular retail investors to be able to participate in trading assets who’s regular future price may be too rich.

• Currently the CME also has regular Ethereum futures which would let investors buy into contracts of 50 ETH which would be about $224,780. Micro futures contracts will be priced around $450 in contrast.

• This may not seem all that enticing for many regular crypto enthusiasts but it gives investors in the traditional market a way to expose themselves to a new asset without having to leave a broker they’re comfortable with or create a new account with an exchange they are not sure of.

• “At the same time, the price of [ETH] has more than doubled since these contracts were introduced, creating demand for a micro-sized contract to make this market even more accessible to a broader range of participants. Micro [ETH] futures will offer even more choice and precision in how they trade [ETH] futures in a transparent, regulated and efficient manner at CME Group," he said.