CBOE may soon offer Ethereum futures contracts
Following the recent announcement by the SEC regarding the classification of Ethereum (ETH), the president of CBOE Global Markets indicated that the company was interested in offering futures contracts on Ethereum.
In a speech last week, the US regulator SEC announced that Ethereum tokens could not be considered as securities taking into account the decentralization of the network.
This news has embellished the hearts of Cryptocurrency investors but not that. The Chicago Bitcoin Futures Exchange, CBOE, has suggested that ‘Ethereum Futures’ may soon be offered on the Ethereum.
A few days ago, Fundstrat founder Thomas Lee explained that the fluctuation in the price of Bitcoin could be linked to the expiry of the futures contracts placed by CBOE. According to him, there would be significant volatility around these expirations…