Cryptocurrencies

CME to Gauge User Interest for Ether Futures After Index Launch

Computer chips sit on a motherboard used in cryptocurrency mining machines.Photographer: Andrey Rudakov/Bloomberg
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CME Group Inc. will review client demand for Ether futures after launching an index tracking prices of the second-largest cryptocurrency.

“We’ll continue to gauge with them to ascertain the demand for futures,” Tim McCourt, CME’s head of equity products, said during an interview Monday at an industry conference in New York. “There are no plans at the exchange to launch one currently.”