CME Group Plans to Launch BCH Futures on October 19, BCH Briefly Surges 30%

Odaily reports that derivatives exchange CME Group has announced that, pending regulatory approval, it will launch Bitcoin Cash (BCH) and Uniswap futures on October 19. The standard BCH contract corresponds to 250 BCH, while the micro contract corresponds to 25 BCH.

Following the announcement, BCH briefly surged 30%, breaking above $340 and briefly touching $358, with weekly gains at one point exceeding 50%. Bitcoin SV (BSV) also rose approximately 20% in tandem, approaching its yearly high of $21; Bitcoin fell back to around $84,000 on Wednesday.

Digital asset management firm Grayscale has filed to convert its Bitcoin Cash Trust into a spot ETF listed on NYSE Arca. (Decrypt)