#BCHJumps28%OnCMEFuturesListing
What happened:
CME Group said on Monday, Sept 22, it will list Bitcoin Cash and Uniswap futures from Oct 19, pending regulatory review.
BCH became the top mover among large tokens:
Jumped 28% to nearly $349 in 24h, with some trackers showing $345.20 close up 29.28% on Sept 22 and up to 31% at $352 on Sept 23
Volume spiked 294.89% to $1.47B
UNI also jumped double digits, around 14% to $10.12, but BCH led.
Why 28% on a futures listing?
Institutional access: A regulated cash-settled CME future opens BCH to institutions that can't trade on offshore crypto venues
Legitimacy signal: CME only lists majors - BTC, ETH, SOL, XRP and now BCH/UNI. It puts BCH back in that tier.
No other catalyst: BCH had no competing news that day, unlike UNI, so the move was clean CME-driven
All four new contracts will settle in cash and the Oct 19 date is still pending review, not final approval yet.
Next watch: whether BCH can hold above $300 and push toward $480 target analysts are now talking about vs. Bitcoin pulling back to $84k-$86k at the same time$BCH
What happened:
CME Group said on Monday, Sept 22, it will list Bitcoin Cash and Uniswap futures from Oct 19, pending regulatory review.
BCH became the top mover among large tokens:
Jumped 28% to nearly $349 in 24h, with some trackers showing $345.20 close up 29.28% on Sept 22 and up to 31% at $352 on Sept 23
Volume spiked 294.89% to $1.47B
UNI also jumped double digits, around 14% to $10.12, but BCH led.
Why 28% on a futures listing?
Institutional access: A regulated cash-settled CME future opens BCH to institutions that can't trade on offshore crypto venues
Legitimacy signal: CME only lists majors - BTC, ETH, SOL, XRP and now BCH/UNI. It puts BCH back in that tier.
No other catalyst: BCH had no competing news that day, unlike UNI, so the move was clean CME-driven
All four new contracts will settle in cash and the Oct 19 date is still pending review, not final approval yet.
Next watch: whether BCH can hold above $300 and push toward $480 target analysts are now talking about vs. Bitcoin pulling back to $84k-$86k at the same time$BCH