- CME Group had announced the launch of its Micro Ether futures in November to meet the rising institutional demand for Ethereum.
- The firm has now expanded its derivatives offerings with the second micro crypto product in 2021.
- Micro Ether is sized at one-tenth of one Ethereum, providing a cost-effective way for institutions and individual traders to hedge risk.
Institutional investors' rising appetite for Ethereum is met with CME Group's latest derivatives offering. The launch marks the second micro crypto product by CME in 2021.
CME Group expands its derivatives product offering with Micro Ether futures launch
Chicago Mercantile Exchange (CME) is consistently working towards meeting institutional investors' rising digital asset demand. The CME Group's first micro crypto product debuted earlier this year.
Tim McCourt, Global Head of Equity Index, said,
Sized at one-tenth of one Ether, Micro Ether futures will provide an efficient, cost-effective way for a range of market participants - from institutions to sophisticated, active, individual traders - to hedge their spot Ether price risk.
In November 2021, the CME Group had announced the launch of the new derivatives product, pending regulatory review.
The Micro Ether futures contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate. This rate serves as a once-a-day reference on the USD price of Ethereum.
Brooks Dudley, ED&F Man Capital Markets Global Head of Digital Assets, said,
As a firm at the forefront of providing traders with access to innovative products in alternative asset classes, we are delighted that CME Group is expanding its derivatives offering with the launch of Micro Ether futures.
The CME Group is one of the world's leading and most diverse marketplaces, enabling institutional investors to trade futures, options, cash and OTC markets and optimize portfolios.
Institutional investors now have a huge appetite for cost-efficient, regulated products and the CME group hopes to attract strong demand.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Crypto Today: BTC, ETH, and XRP lead $1.4B capitulation on Black Monday as FTX denies $2.5B claims
Cryptocurrencies nosedived over the weekend, shedding over $300 billion since Friday. What some traders on social media are terming crypto’s Black Monday, losses come after an initial positive decoupling on Thursday, when US stocks crashed after China announced 34% retaliatory tariffs.
Bitcoin hits new yearly low below $75,000 as global trade war escalates
Bitcoin price extends its fall by 4% on Monday after correcting near 5% the previous week. The global trade war escalated, wiping out 452,976 leveraged traders and causing a total liquidation of $1.39 billion from crypto markets in the last 24 hours.
Dogecoin shatters $0.15 support as ‘Black Monday’ bloodbath fears surge
Dogecoin tumbles over 10% on Monday, slashing $3.73 billion from its market capitalization to $19.78 billion. CNBC host Jim Crammer warns of global markets’ bloodbath if US President Donald Trump stays intrasigent.
Solana Price Forecast: Bears gain momentum as SOL falls below $100
Solana (SOL) extends its loss by over 7% and falls below the $100 mark at the time of writing on Monday after crashing 15.15% last week. Coinglass data shows that SOL’s leveraged traders wiped out nearly $70 million in liquidations in the last 24 hours.
Bitcoin Weekly Forecast: Tariff ‘Liberation Day’ sparks liquidation in crypto market
Bitcoin (BTC) price remains under selling pressure and trades near $84,000 when writing on Friday after a rejection from a key resistance level earlier this week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.