RATE Group | Ethereum News Update: ErisX, Vitalik, OpenEthereum, dYdX, Reddit, Visa’s Patent
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Ethereum News Update: ErisX, Vitalik, OpenEthereum, dYdX, Reddit, Visa’s Patent

17 May Ethereum News Update: ErisX, Vitalik, OpenEthereum, dYdX, Reddit, Visa’s Patent

Posted at 11:28h in Cryptocurrency News by

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Ethereum News Update: ErisX, Vitalik, OpenEthereum, dYdX, Reddit, Visa’s Patent

This article covers some of the most interesting Ethereum-related news for the week that ended on 17 May 2020.

The First U.S. Based Exchange-Traded Ether Futures Contracts

On May 11, ErisX, which is “a unified platform for cryptocurrency spot and regulated futures trading and investing”, announced the launch of “the first U.S. based Exchange-traded Ether futures contracts.”  

ErisX said that both individual and institutional investors would be able to get access to physically delivered Ether futures contracts based on ETH-USD with monthly and quarterly expirations.

ErisX went on to list some of the benefits to “miners, speculators, hedgers, and businesses” that run on Ethereum of using this new product:

  • “Broader participation and diversity…

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