🚨 BCH just jumped 28%… but its CME futures aren't even trading yet. 👀🔥
CME plans to launch BCH and UNI futures on October 19, pending regulatory review.
The market reacted immediately:
📈 BCH +28%
📊 Spot volume +285.6%
🔥 Open interest +38.7%
But here's the interesting part:
The futures haven't started trading.
So traders may be pricing in the possibility of greater institutional access before the actual derivatives market opens.
CME plans standard BCH futures at 250 BCH per contract and Micro BCH futures at 25 BCH.
Now comes the real test:
👀 Does BCH maintain strong volume and open interest after October 19, or was this simply a buy the announcement reaction?
The launch date matters.
But the liquidity that follows could matter even more.
$BCH $UNI
BCHUSDT
Perp
335.25
-5.83%
UNIUSDT
Perp
9.169
-4.55%