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CME will launch ETH/BTC exchange rate futures contracts on July 31st.

2023-06-29 17:18
Odaily News: The Chicago Mercantile Exchange (CME) will launch Ethereum and Bitcoin exchange rate futures contracts on July 31st, allowing investors to trade the ETH/BTC exchange rate. Giovanni Vicioso, Global Head of Cryptocurrency Products at CME, said, "This product enables investors to capture the risk exposure of both ETH and BTC in a single transaction without taking a directional view." He pointed out that the introduction of ETH/BTC complements the existing BTC/USD and ETH/USD cryptocurrency trading triangle. (source: yahoo)