$9578.453
07:19:03 27/04/2018

ICON Digital Networks News

ICON Digital Networks traded on Ether Prices

By Admin


Posted On Monday, 26-Nov-2018 16:34:00 UTC


Icondigitalnetworks Base Image

Less than a year after the launch of the first ever futures contracts for Bitcoin, Ethereum could be the second cryptocurrency to be traded on regulated futures exchanges. It’s understood that the Chicago Board Options Exchange (CBOE), the same platform that launched Bitcoin futures in December 2017, is waiting for the green light from the Commodities Futures Trading Commission (CFTC) to launch Ethereum options by the end of 2018. The CBOE will base its ETH contracts on the Gemini cryptocurrency exchange market — the base it already uses for its Bitcoin futures. With the United States Securities and Exchange Commission (SEC) formally declaring that Ethereum was not classed as a security in June, the path ahead was seemingly paved for the prospective launch of ETH futures. At the time, CBOE president Chris Concannon hailed the decision, saying ETH contracts had been a talking point since late 2017: 

Just three months later, there are very real grumblings that this could come to fruition, much like the build up to the eventual launch of Bitcoin futures in 2017. The CBOE has indicated to Cointelegraph that it is indeed looking at Ethereum futures, highlighting Concannon’s interview with Quarts in June, where he laid out their thoughts on the cryptocurrency and the possibility of a futures contract:

“Ether is one of the more highly liquid cryptocurrencies out there. Along with Bitcoin, the demand is much higher in Ether than any other cryptocurrency on the market.


Stay tuned and and read more news here on our blog

*