Categories: BitcoinBlockchainEthereumInvestments

Ethereum Futures Contracts Hit The Market

Trading Ethereum Futures

Trading of Ethereum Futures is now a reality as different exchanges continue to provide this option for investors.  U.K’s digital asset trading service Crypto Facilities, has recently launched it’s Ethereum future contracts.

The Ethereum Future contracts marks a landmark step in the future of crypto assets. The Futures contracts will allow investors to take long and short positions while being able to manage their risks more effectively. Crypto Facilities which is regulated by the Financial Conduct Authority in the U.K has expanded its derivatives offerings to include Bitcoin (BTC) and Ripple (XRP).

Ethereum futures market successfully started off the heels of Bitcoin Futures that were made possible in the U.S.  Tim Schlaefer who is the CEO of Crypto Facilities stated that there was a strong request for the Ethereum futures market. Ethereum is the second highest liquid cryptocurrency after Bitcoin.

Crypto Facilities has teamed up with liquidity providers Akuna Capital and B2C2 to enable the Future contracts. The the Future contracts of Ethereum further proves that Ethereum has matured similar to Bitcoin.

Ethereum Classification

Ethereum faces regulatory uncertainty in the U.S amidst scrutiny over whether it should be treated as a security. The Securities and Exchange Commission as well as the Commodity Futures Exchange are determining whether it should be classified as a security under the 1933 Securities act.

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