Cboe’s Next Big Leap: Bitcoin And Ethereum Continuous Futures Scheduled For N...
Cboe, one of the world’s leading derivatives exchanges, has announced plans to launch continuous futures for the leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), pending regulatory approval. In response to growing investor interest in digital assets, this new product suite is set to debut on November 10. This marks a significant development for the US […]
Related News
Continuous innovations have pushed the industry to a new frontier The cryptocurrency space has come a long way since the first bitcoin was mined. The mass adoption of digital assets is still a way off, but there are plenty of signs of encouragement. Simple changes on the part of industry players such as increased collaboration […]
Backwardation reflects a market condition wherein spot prices trade higher than future prices. Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction.Ethereum quarterly futures in backwardationOn the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December 2022, have slipped into backwardation, a condition opposite to contango, wherein the futures price becomes lower than the spot....
Ethereum may be poised to move higher after dropping 30% from last month’s highs. Futures data shows that investors are currently bearish on the cryptocurrency, which should lend to a potential short squeeze. Ethereum Could Soon Surge to the Upside: Futures Trend Crucial futures data suggests that Ethereum may soon revert to the upside, not move lower. One crypto-asset analyst recently shared the data below, which shows the positioning of ETH futures traders on Binance. […]
After years of efforts, VanEck is finally launching a Bitcoin exchange-traded fund based on BTC futures. VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF.According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Tuesday.VanEck’s new ETF is joining the growing number of BTC futures-based ETFs launched in the U.S., including the ProShares Bitcoin Strategy ETF, which became....
Ethereum trends show it’s becoming more valuable as ETH 2.0 draws near. Thus, institutional investors are clamoring to get in on the action before it is too late. A signal for this has been ETH Futures have been trading at a higher basis premium than BTC Futures on CME. ETH Futures have continuously traded at a higher rolling basis than BTC Futures for the past three months. This could show that institutional investors are more bullish on ETH’s future in comparison to BTC. But other factors have also led to the ETH Futures trading so high. Related Reading | Ethereum Fee Burns Clocks....