Business Insider: First Ethereum Futures to Be Launched in 2018

CBOE, one of the leading Chicago-based exchange groups, will launch Ethereum futures this year. CBOE Ethereum futures could be a stepping stone for other crypto

Fri, 31/08/2018 - 18:06

Business Insider: First Ethereum Futures to Be Launched in 2018

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CBOE, one of the leading Chicago-based exchange groups, will launch Ethereum futures this year, according to a recent Business Insider report that cites anonymous sources.

Experts predict that CBOE Ethereum futures could be a stepping stone for other cryptocurrencies and potentially lead to an ETF. SFOX’s Danny Kim believes that it will definitely trigger another bull run. The news alone pushed Ethereum price by 3.5 percent.

It is worth mentioning that CBOE was behind launching the first Bitcoin futures back in December 2017, which made Bitcoin price immediately surge by $1,000. Will Ether follow suit?

#Bitcoin

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.