The Bitcoin euro futures contracts will be sized at 5 BTC per contract and the Ether euro futures contracts will be sized at 50 Ether per contract.
Coinbase is launching its second derivatives product – the nano ether ETH futures on its derivatives exchange in the coming week.
Stock futures remained largely unchanged even as investors await the July inflation report, which could affect September’s hike in interest rates.
The futures open interest in Bitcoin and Ethereum for the month of August so far has already surpassed the futures open interest for the entire month of July.
CME Group global head Tim McCourt said that there’s a growing demand for BTC and ETH derivative products in Europe and thus it makes sense to bring these products to its institutional clients.
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected.
US stock futures are currently in a jittery state and could take further cues from the incoming latest inflation report.
The UK said it would phase out Russian oil imports by the end of the year.
With the Norwegian camp getting back into production, the forecast drop in about half of the nation’s daily energy production can be averted.
As oil prices tumbled yesterday, the US oil benchmark West Texas Intermediate (WTI) crude was at 8.24% or $8.93, less at $99.50 per barrel.
Stock futures in the US fell by over 1% on the heels of a significant losing week for Wall Street. Global stocks also plunged.
In addition to Bitcoin futures trading, B3 will also launch Ethereum futures.
US stock futures saw their leading indexes advance even as the S&P 500 sits just 2% off impending bear market territory.
This is the first-of-its-kind ETF in the electric vehicle market that focuses exclusively on the metals used in the EV ecosystem.
Bitcoin is showing signs of bounceback after a strong correction earlier this week. However, analysts predict that the chances of Bitcoin going lower could be higher from here.