Expand your choices for managing cryptocurrency risk with new CME Ether futures developed by the leading, most diverse, and regulated derivatives marketplace, home to Bitcoin futures and options.
Efficient ether exposure
Easily express a view on or manage exposure to price risk of rapidly growing ether cryptocurrency.
Price discovery
Trade on a regulated exchange and enjoy the price discovery of transparent futures, where all participants see same prices and quotes.
Robust underlying index
Settles to the regulated CME CF Ether-Dollar Reference Rate, with pricing data provided from major cryptocurrency exchanges.
Capital efficiency in crypto-trading
Save on potential margin offsets with CME Bitcoin futures, plus add the efficiency of futures contracts.
| Clearing | Globex | Floor | ClearPort | Product Name | Exchange | Product Group | Subgroup | Category | Subcategory | Cleared As | Volume | Open Interest |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETH | ETH | - | ETH | Ether Futures | CME | Equities | US Index | - | - | Futures | 749 | 877 |
| BTC | BTC | - | BTC | Options on Bitcoin Futures | CME | Equities | US Index | - | - | Options | 55 | 1,762 |
| BTC | BTC | - | BTC | Bitcoin Futures | CME | Equities | US Index | - | - | Futures | 12,494 | 10,370 |
Learn more about what futures are, how they trade and how you can get started trading.
Contract Specifications
View full contract specificationsCONTRACT UNIT |
50 ether |
|---|---|
MINIMUM PRICE FLUCTUATION |
Outright: $0.25 per ether = $12.50 per contract Calendar Spread: $0.05 per ether = $2.50 per contract |
TRADING HOURS |
CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT) |
PRODUCT CODE |
Outright: ETH |
LISTING CYCLE |
Six consecutive monthly contracts inclusive of the nearest two December contracts. |
Get answers to frequently asked questions about Ether futures.
CME CF Ether-Dollar Pricing Indices
Learn about the CME CF Ether-Dollar Reference Rate and Real-time Indices.
Download the product overview and contract specifications to share or print.
Trader's Edge: Introducing Ether futures
Dave Lerman, director of education at CME Group, discusses the launch of Ether futures, how the contract works, and trade examples.
OpenMarkets: Why ethereum is on the rise
Read about three key reasons for the growing interest in ether in this rapidly changing cryptocurrency market.
Webinar: Breaking down the rapid growth of crypto derivatives
Watch our recent webinar, in partnership with Blockworks, as experts discussed the rising interest in crypto derivatives and participation among institutional investors.
Webinar: Getting started with Ether futures
Dave Lerman, director of education at CME Group, dives into the fundamentals behind Ether futures, the ether investor ecosystem, and more.
| Platform(s) | Root Code: ETH |
|---|---|
| Bloomberg Front Month | DCRA CURNCY |
| Refinitiv | 1HTE |
| CME Direct, Fidessa, FIS Global, ION, Itiviti, TT, Vela | ETH |
| CQG | ETHR |
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