Cryptos may be 80 percent below their all-time-highs, but the interest is only rising. And now, the largest European futures and options market is diving into crypto futures, Cryptogeek says. However, speaking to The Block, the sources revealed that Eurex will launch futures tied to BTC, XRP and Ether. The firm has been interested in launching the products for over a year now. It has also met with a number of marketing firms about the products. Eurex has joined the likes of the Intercontinental Exchange (ICE), VanEck, and ErisX which are all angling to get physically delivered crypto contracts onto the markets this year. The prolonged US government shutdown has hampered regulatory processes and delayed the launch of many crypto related products. The market for crypto derivates is already gaining a lot of heat, using names that investors inside and outside of the industry already know, like BitMEX, BitFlyer, and OKEx, which have led the trading volume. Eurex is one of the world’s leading Derivative exchanges, established in 1998 as a result of a merger between German Deutsche Terminb?rse and Swiss Options and Financial Futures. It offers a wide range of derivatives based on equities, stock indices, bonds, volatility indices, credit, and interest-based derivatives. |
