US CME Plans to Launch Bitcoin and Ethereum 'Spot-Quoted Futures' in June

Source
Suehyeon Lee

Summary

  • CME announced plans to launch 'Spot-Quoted Futures' products for Bitcoin and Ethereum on June 30.
  • These products will allow futures positions to be set based on the spot price.
  • CME stated that it is currently awaiting approval from regulatory authorities.

The Chicago Mercantile Exchange (CME) in the United States announced that it will launch 'Spot-Quoted Futures' for Bitcoin (BTC) and Ethereum (ETH).

On the 2nd (local time), CME stated in a press release, "We plan to launch Spot-Quoted Futures products for Bitcoin, Ethereum, and the four major US stock indices (S&P500, Nasdaq100, Dow Jones, Russell2000) on June 30."

These products will allow investors to set futures positions based on the spot price. Currently, CME is awaiting approval from regulatory authorities for these products.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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