Ethereum Ether CMEGroup options CME Group launches Ether options less than 3 days before the Merge
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Tim McCourt, Global Head of Equity and FX Products at CME Group, called the Merge “a potentially game-changing update of one of the largest cryptocurrency networks” in the announcement and said that the launch of these new options contracts will help “to provide the crypto community with another important tool to gain access to and manage exposure to ether.”
The new options contracts offer larger entities a trusted way to hedge their cryptocurrency exposure without needing to actually purchase Ether straight out, according to Rob Strebel, Head of Relationship Management for DRW. This past Friday, Google Cloud blockchain developer Sam Padilla posted a note on Twitter demonstrating the new Google Search update, which includes a real-time Ethereum Merge countdown with merging pandas.
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