RATE Group | Ethereum and Litecoin Could Join the US Futures Market
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Ethereum and Litecoin Could Join the US Futures Market

12 Oct Ethereum and Litecoin Could Join the US Futures Market

Posted at 23:11h in Ethereum News by

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“Beginning

Both Ethereum and Litecoin could be set for a transformational boost to their long-term outlook thanks to both cryptocurrencies being lined up for the US futures market. Retail brokerage TD Ameritrade recently confirmed investments in a brand-new cryptocurrency exchange, ErisX. At the time of writing, Bitcoin futures are available to TD Ameritrade’s 11 million-plus client base, when the Chicago Board Options Exchange (CBOE) introduced them in December 2017.

It is reported that ErisX will offer spot trading on Ethereum and Litecoin during the early half of 2019, with plans afoot to provide physically settled futures trading towards the end of 2019. The chance for US retail traders to dabble into altcoins such as Litecoin and Ethereum is expected to provide a surge in the long-term price of both Litecoin and Ethereum, the latter of which has lost more than four-fifths of its all-time high value since January.

There is also hope that the success of futures trading on Ethereum…

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