{"id":81049,"date":"2023-06-30T16:23:30","date_gmt":"2023-06-30T13:23:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81049"},"modified":"2025-09-11T20:35:31","modified_gmt":"2025-09-11T17:35:31","slug":"cme-to-launch-ether-bitcoin-ratio-futures","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cme-to-launch-ether-bitcoin-ratio-futures\/","title":{"rendered":"CME to Launch Ether\/Bitcoin Ratio Futures"},"content":{"rendered":"<p>Trading of the Ether-to-Bitcoin ratio futures contract on <span data-descr=\\\"CME Group\\\" class=\\\"old_tooltip\\\">CME<\/span>&#8216;s futures platform will begin on July 31. The move requires regulatory approval.<\/p>\n<blockquote class=\u201ctwitter-tweet\u201d>\n<p lang=\u201cen\u201d dir=\u201cltr\u201d>Efficiently capture the relative value of ether and bitcoin in a single trade with Ether\/Bitcoin Ratio futures, launching July 31. <a href=\u201chttps:\/\/t.co\/WDFhIt5rJ7\u201d>https:\/\/t.co\/WDFhIt5rJ7<\/a><\/p>\n<p>\u2014 CME Group (@CMEGroup) <a href=\u201chttps:\/\/twitter.com\/CMEGroup\/status\/1674477834092290064?ref_src=twsrc%5Etfw\u201d>June 29, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\u201chttps:\/\/platform.twitter.com\/widgets.js\u201d charset=\u201cutf-8\u201d><\/script><\/p>\n<p>The product <a href=\\\"https:\/\/www.cmegroup.com\/markets\/cryptocurrencies\/ratio\/ether-bitcoin-ratio.html?redirect=\/ebr\\\">will carry the ticker EBR<\/a>. The platform will offer six monthly contracts as well as four quarterly contracts.<\/p>\n<p>Investors can use the instrument to speculate on changes in the relative performance of the two assets or to hedge risk.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cHistorically, Ethereum and Bitcoin have correlated strongly. Market dynamics can influence their price movements to varying degrees, creating opportunities to trade relative value,\u201d<\/em> explained Giovanni Visiozo, Global Head of CME Group&#8217;s Crypto Products.<\/p>\n<\/blockquote>\n<p>CME expanded its product line of crypto-related derivatives in December 2017. The first was a Bitcoin futures contract, which gained traction among institutional investors. In February 2021 the platform <a href=\"https:\/\/forklog.com\/en\/news\/cme-to-add-ethereum-futures\">added<\/a> a derivative based on Ethereum.<\/p>\n<p>According to <a href=\\\"https:\/\/www.coinglass.com\/BitcoinOpenInterest\\\">Coinglass<\/a>, CME ranks second in open interest (OI) for Bitcoin futures (97,540 BTC) and fifth for Ethereum futures (226,880 ETH).<\/p>\n<p>As noted, in January 2020 the platform added options on digital gold to the listings. Similar instruments based on the second-largest cryptocurrency<a href=\"https:\/\/forklog.com\/en\/news\/cme-group-launches-ethereum-options\"> appeared on the exchange<\/a> in September 2022.<\/p>\n<p>In April 2023, trading volume and open interest in Ethereum options on CME reached record highs. The catalyst was the <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-activates-shapella-hard-fork-on-mainnet\">successful implementation of the Shapella hard fork<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 31, CME will begin trading the Ether-to-Bitcoin ratio futures contract. The move requires regulatory approval.<\/p>\n","protected":false},"author":1,"featured_media":81050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,383,46,1156],"class_list":["post-81049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cme-group","tag-ethereum","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81049"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81049\/revisions"}],"predecessor-version":[{"id":81051,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81049\/revisions\/81051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81050"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}