CME Ethereum Futures Start Trading at a Premium

cme trading floor

Ethereum futures began trading on the Chicago Mercantile Exchange (CME) this Monday at midnight euro time and have already developed a slight premium. Ethereum is trading at $1,674 on CME’s February futures contract, while on global exchanges it is currently at $1,664 and didn’t pass $1,670 recently. Futures having a slight premium is a common occurrence during bullish tendencies, with the contract here just launched but it’s already showing positive sentiment. That may well be because ethereum’s price has been rising after a dip to $1,500 with that dip partially caused because traders wanted to see what impact futures may have. No impact as of now as was to be expected because this is the second crypto on CME with bitcoin futures launching in December 2017. So Wall Street’s sentiment has had a way of letting itself known for more than three years, and thus the addition of eth may…

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