CME Group Welcomes Micro Ether Futures

Derivatives marketplace Chicago Mercantile Exchange (CME) Group rolled out a micro Ether futures product on Monday.

Details: The micro Ether futures product is sized as 1/10 of one Ether and has lower margins, according to the CME Group.

Background: Earlier in 2021, the CME Group introduced a micro Bitcoin futures product for investors. These futures products allow investors to get exposure to an asset class without owning the underlying asset.

Numbers: While Ether is up in 2021, the cryptocurrency is down over the last few weeks. This was after hitting a record high earlier in November.

Final Thoughts: Crypto investors have mixed feelings about futures. Some investors like them and others prefer the actual assets instead.

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