CBOE Global Markets is said to be launching Ether futures by the end of the year. Danny Kim of SFOX is optimistic about CBOE’s new investment offering
He hypothesizes it 'will take crypto out of the bearish market and reverse to a new bull.' CBOE will base this new investment scheme on Gemini’s underlying ETH market.
CME Group, an options and futures exchange company, has stated they will not have an Ethereum futures product at the moment. The company may continue only with Bitcoin futures offering.
A futures contract is a type of derivative. It is a claim to sell some asset at a certain price, and a buyer who will buy at that price on a specified future date.