RATE Group | Crypto Week In Review: Market Moves Out Of Slump, Ethereum Futures Next
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Crypto Week In Review: Market Moves Out Of Slump, Ethereum Futures Next

02 Sep Crypto Week In Review: Market Moves Out Of Slump, Ethereum Futures Next

Posted at 12:33h in Ethereum News by

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Although the past seven days were relatively quiet for this industry, hopes for the long-term growth and adoption of crypto assets like Bitcoin and Ethereum remain at all-time highs, as an assortment of firms released a variety of innovative products that piqued the interest of many.

CBOE To Launch Ether Futures In The Upcoming Months

On Thursday, it was revealed that the CBOE, the largest US-based options exchange, moved one step closer to launching an Ethereum (ETH) futures contract. Speaking with Business Insider, those familiar with the matter noted that the CBOE has begun telling market makers that it is only months away from the public release of Ether futures. In fact, some insiders noted that the product could be launched come January 2019, which is a mere four months away. It is likely that the SEC’s clarification that ETH is not a security opened the door for the CBOE to start working on the contract.

Like CBOE’s XBT (Bitcoin) futures contract, the long-anticipated…

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