CME Group Introduces Micro Ether Futures

The Chicago Mercantile Exchange (CME) Group has launched Micro Ether Futures, its second micro-crypto product of 2021.

Similar to the Micro Bitcoin Futures launched in May, Micro Ether Futures are 1/10 of one ETH.The derivatives exchange is looking to offer investors to an efficient means of hedging their ether exposure, CME Group announced Monday.“The launch of Micro Ether futures underscores the significant growth and liquidity we have seen in our cryptocurrency futures and options,” Tim McCourt, CME Group’s global head of equity index and alternative investment products, said in an email.

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