Chicago Mercantile Exchange Group to Launch Bitcoin and Ether Euro Futures

Major derivatives marketplace Chicago Mercantile Exchange Group is planning to launch trading for Bitcoin euro and Ether euro futures contracts starting on Aug. 29.

CME Group aims to launch contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures that will be sized at 5 BTC and 50 ETH per contract.

Both contracts will be listed on CME, cash-settled, and based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate.

CME Group launched the first BTC futures contract — denominated in U.S. dollars — in December 2017, followed by an ETH futures contract in February 2021.