CME to list Bitcoin Cash and Uniswap futures on October 19

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Summary · why it matters

U.S. derivatives exchange giant CME Group announced it plans to list futures on Bitcoin Cash and Uniswap on October 19. The launch is subject to regulatory review. The new futures are being introduced in response to demand for institutional-grade risk management tools targeting the highly liquid altcoin market, and will be offered in two sizes, standard and micro, depending on the trading scale of market participants. Bitcoin Cash futures will cover 250 BCH per contract, with a micro version of 25 BCH, while Uniswap futures will cover 10,000 UNI per contract, with a micro version of 1,000 UNI. Giovanni Vicioso, CME Group's global head of cryptocurrency products, said that as the crypto market matures, a broader range of regulated financial products is needed to address the price volatility risk of digital assets. CME Group currently offers futures on Bitcoin, Ether, XRP and Solana, as well as Cardano, Chainlink, Stellar Lumens, Avalanche and Sui.

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