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CME’s Ether futures drove more than $30M volume on first day

Published 02/09/2021, 10:20 PM
Updated 02/10/2021, 12:00 AM
CME’s Ether futures drove more than $30M volume on first day

The launch of Chicago Mercantile Group’s highly anticipated Ether futures saw more than $30 million worth of contracts traded during the first day of trade.

Launched on Feb. 8, CME’s new Ether product saw 388 contracts traded in its first day, with 303 of the contracts being mobilized to speculate on February’s price. While 84 contracts expiring in March were also traded, only a single April contract changed hands.

CME ETH futures, 15-min chart: TradingView

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