Ethereum is rising to USD 1800 after future markets start

The day is finally here! This week the CME Group has launched a futures market for Ethereum.

The CME Group is one of the world’s leading financial exchanges, hosting a majority of trade in top commodities, including Bitcoin. The CME Group made crypto headlines in 2017 when it rolled out futures for BTC.

As that launch coincidentally marked the top of the 2017 bull market, some have speculated that this will have the same effect this time around. A number of traders have postulated that this launch can cause a short-term top.

Though, a vast majority of analysts appear to be bullish on Ethereum as the launch of this regulated investment vehicle rolls around. This market should allow institutional players to obtain better exposure to Ethereum.

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