According to the announcement, the settlement of Ether/Bitcoin Ratio futures will be in cash, based on the final settlement price of CME Group’s Ether (ETH) futures divided by the final settlement price of CME Group’s (NASDAQ:CME) Bitcoin (BTC) futures. Moreover, this new contract will adhere to the identical listing cycle observed in CME Group’s Bitcoin futures and Ether futures contracts.
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Source: Cryptocurrency - investing.com