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Random thoughts on $CME Ether futures:
- ETH is ~1/5th the size of BTC
- CME's BTC futures trade ~$830M notional per day
- Both contracts are cash settled
Either the ETH market will be small or the futures market will eclipse the spot market at some point...
ETH futures should help the flagship BTC contract bc it allows spread trading between the two. Now I can bet that BTC will do better/worse than ETH by going long one future and short the other cheaply.
