Around the Bitcoin Halving it became quiet in the second-largest Cryptocurrency Ethereum. Exciting months and years to come to ETH with the technical Changes to Ethereum 2.0 (Serenity). When his big brother called Bitcoin we are experiencing lately is clearly a growing level of institutionalisation, the billionaire Mike Novogratz confirmed and illustrated by the example of the Hedge Fund of Paul Tudor Jones. But when we see such a development at ETH? According to de opinion of a well-known trader could be soon by the launch of Ethereum Futures so.
The Ethereum rate of CME Futures benefits?
When it comes to the opinion of the on Twitter under the name of “Bitcoin Jack” (@BTC_JackSparrow) well-known Traders, could be fueled by the institutionalization in the case of Ethereum, soon, through Futures on the CME exchange in the United States. As possible reasons, he sees the need to protect investors at the ETH 2.0 Staking.
ETH futures on CME will have huge impact and this time up makes sense from a cyclic perspective so it makes sense to have ability to hedge ETH 2.0 stakesSo my guess is that it won’t be long before we see these futures launch //Bitcoin ?ack ? (@BTC_JackSparrow) May 8, 2020
According to Bitcoin Jack the CME Futures would have a “major impact” on ETH and the Ethereum course. The idea behind this is that the financial products around Ethereum, the interest of professional investors is increased. Futures typically have no direct effect on the price of the asset itself, but can attract nevertheless, investors who invest a portion of directly into the ETH and the demand for it will increase. However, the publication of such Futures is really that likely?The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
Regulators can be confident that demand exists
In the US, the CFTC (Commodity Futures Trading Commission) to decide on the introduction of the Ethereum Futures. If you can Believe the statements of the Chairman of the CFTC, it looks from the sides of the regulators is positive:
Certainly, we have Bitcoin Futures seen, both with cash settlement with physical delivery. My guess is that we will also see Ether Futures, and if things start to wander in the raw material area, we will see even more.
Also, the demand for such financial products for Ethereum is today already given. The Investment giant Fidelity Investment has already told you last year that you wish to offer, due to the existing demand in the near future ETH Services. Also Grayscale Investments recorded in the 1. Quarter of 2020, a net inflow of USD 100 million in their Ethereum Fund.
Ethereum Fans should not rejoice too soon
Also, if the path for Ethereum is Futures, obviously, of many pages, but they should not look forward to Ethereum Fans too early, there are also some reasons against the introduction of ETH Futures. Thus, the Research Director of Coindesk, Noelle Acheson, in one of your articles several good reasons to on:The low liquidity of Ethereum compared to BitcoinDie uncertainty about the consensus mechanisms Proof-of-StakeDer DAO HackDie simple fact that Ethereum was not built to be a capital good. ETH was advertised as a “Gas” for the Internet of value.In summary, we can say that Futures for Ethereum could be, for example, at the CME exchange in the United States. Nevertheless, this is not a self-runner and the future must show whether Ethereum for the derivatives is ready. ETH should develop, however, continues to be strong, is likely to be the introduction of only a matter of time. We will then, also, whether the Ethereum course can benefit from them.
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