• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Does CME include benchmark costs for eleven prepared-to-use altcoins, ETFs and futures?

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

CME will present benchmark costs for eleven distinctive altcoins, supplying a strong basis for attainable long term choices on ETFs and futures solutions.

CME adds benchmark rates for 11 ready altcoins, ETFs and futures "on the shelf"?
Does CME include benchmark costs for eleven altcoins, ETFs and prepared futures?

Less than a week right after thinking about implementing futures contracts for the to start with two altcoins, a single of the world’s main CME exchanges continues to increase public expectations with the announcement of a partnership with CF Benchmarks, a cryptocurrency index supplier, to provide new costs for eleven altcoins on April 25.

Related articles

Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024
What is an exchange-traded fund?  Crypto ETFs and impacts on the cryptocurrency market

What is an exchange-traded fund? Crypto ETFs and impacts on the cryptocurrency industry

November 23, 2023

Starting April 25, we will include eleven new CME CF non-tradable cryptocurrency benchmark costs and serious-time indices, bringing higher self-confidence in cryptocurrency trading.

– ECM Group (@GruppoCME) April 7, 2022

The new benchmark charge will include things like the index price tag for Algorand (ALGO), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (Hyperlink), Cosmos (ATOM), Litecoin (LTC), Polkadot (DOT), Polygon ( MATIC), Solana (SOL), Stellar Lumens (XLM) and Uniswap (UNI).

The costs and benchmarks themselves are not marketable investment solutions, they just differ the price tag information for a offered asset. But this is thought of an vital prerequisite for CME to proceed with the implementation of solutions this kind of as ETFs and futures contracts for the aforementioned coins. At launch, the pricing information will be supported by 4 well-known exchanges, Bitstamp, Coinbase, Gemini, itBit, and Kraken.

Combined with all of the over, there is cause to think that CME will not wait as well extended to boost its crypto merchandise offerings. This is more clarified in the statement by CME Global Head of Equity Indexes and Alternative Investment Products, Tim McCourt, quoted as follows:

“The introduction of a standard price data source is designed to allow traders and institutions to confidently manage and more accurately assess the risk of cryptocurrencies, portfolios, or create structured products such as an ETF.”

Currently, CME provides Bitcoin and Ethereum futures contracts, as effectively as accompanying Micro Bitcoin and Ether, which can be bought for a single-tenth the base dimension of BTC or ETH. And these futures contracts seem to be to perform incredibly effectively for the CME. Especially the Micro Bitcoin futures merchandise launched final May has created virtually five million contracts to date.

Summary of Coinlive

Maybe you are interested

Maybe you are interested:

Tags: addaltcoinsbenchmarkCMEETFsFuturesratesreadytouse
Share76Tweet47

Related Posts

ECB Cuts Interest Rates; Bitcoin Prices Surge

by shark
June 6, 2025
0

The European Central Bank's decision to reduce interest rates to 2% on June 5, 2025, positively impacts cryptocurrency markets, causing...

UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy

by shark
June 6, 2025
0

Bluebird Mining Ventures shifts from gold revenue to Bitcoin treasury, impacting market dynamics.

Trump Advisor Meets El Salvador President Over Bitcoin Strategy

by shark
June 6, 2025
0

Trump's advisor Bo Hines meets El Salvador's Nayib Bukele to discuss Bitcoin policy impacts.

Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift

by shark
June 6, 2025
0

Bitcoin experiences calm trading in 2025, analysts foresee pivotal crypto changes ahead.

California Assembly Advances Bill on Dormant Crypto Assets

by shark
June 5, 2025
0

California's State Assembly approves AB-1052, designating long-inactive crypto assets as unclaimed property.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Qubetics Gains Traction as HYPE and Tron Respond to Market Shifts: The Next Best Crypto to Buy in 2025
  • ECB Cuts Interest Rates; Bitcoin Prices Surge
  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy
  • Trump Advisor Meets El Salvador President Over Bitcoin Strategy
  • Qubetics, Solana, Stellar: Massive Updates and $900M Moves Set Stage for Next Bull Run Crypto
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7