CME Group plans to launch ETH/BTC ratio futures on July 31

ChainCatcher news, the Chicago Mercantile Exchange Group (CME) announced on Thursday that it plans to launch Ethereum/Bitcoin (ETH/BTC) ratio futures on July 31, pending regulatory approval. The futures product will be cash-settled, with its value determined by dividing the CME Ethereum futures final settlement price by the corresponding CME Bitcoin futures final settlement price. In May of this year, the CME added daily-expiring Bitcoin and Ethereum futures options contracts, as well as micro Bitcoin and Ethereum futures. (CoinDesk)