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Author Topic: [2018-07-27] CME Will Not Introduce Altcoin Futures Anytime Soon, Says CEO  (Read 24 times)
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July 27, 2018, 06:44:18 AM
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The Chicago Mercantile Exchange (CME) will not introduce futures on cryptocurrencies other than Bitcoin (BTC) in the near future, CME CEO Terry Duffy revealed in an interview with Bloomberg July 26. 

In the interview, Duffy said that the company should first evaluate and develop an approach for Bitcoin, stressing that Bitcoin futures “might have been the most controversial launch of a product.”

Duffy emphasized that altcoins futures contracts cannot be launched immediately, because they are “highly volatile and new,” and the company cannot just list products for trading in order “to see where they’re going to go.” Duffy said, “I will take a wait and see approach with Bitcoin for now.”

See more - https://cointelegraph.com/news/cme-will-not-introduce-altcoin-futures-anytime-soon-says-ceo


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July 27, 2018, 09:54:26 PM
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this is not good news, realize that it seems that he is frustrated with the future of bitcoins, just read his statements, he says:

In the interview, Duffy said that the company should first evaluate and develop an approach for Bitcoin, stressing that Bitcoin futures “might have been the most controversial launch of a product.”

With this it seems that he reveals some kind of regret, but I thought with that:

CME Group Launches Ethereum Price Indexes In Partnership With Ethereum Futures Exchange

ETH could have any chance

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