CME Expands Crypto Futures Lineup With Bitcoin Cash and Uniswap
The exchange operator is adding standard and micro contracts for BCH and UNI, extending a pattern of altcoin rollouts that already covers Cardano, Chainlink, Stellar, Avalanche, and Sui.
CME Group is expanding its cryptocurrency futures offerings with the addition of Bitcoin Cash and Uniswap contracts. The new contracts, which will be available in both standard and micro sizes, are set to launch on October 19, subject to regulatory review.
The standard Bitcoin Cash futures contract will represent 250 BCH, while the micro contract will represent 25 BCH, according to Yahoo Finance. For Uniswap, the standard futures contract will cover 10,000 UNI, with micro contracts representing 1,000 UNI.
The expansion is in response to client demand, as institutional investors seek more ways to hedge exposure to cryptocurrencies beyond Bitcoin and Ether, CME Group's global head of cryptocurrency products, Giovanni Vicioso, said. The new products will add to CME's existing futures offerings, which already include contracts for Cardano, Chainlink, Stellar, Avalanche, and Sui, as reported by Decrypt.
Brief written by urgent.news from Decrypt, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- CME Group to Launch Bitcoin Cash and Uniswap Futures finance.yahoo.com
