#bchjumps28%oncmefutureslisting $BCH is up over 30% since CME Group announced Bitcoin Cash futures on September 22. The launch is set for October 19, pending regulatory review. Price moved from around $267 to above $350 on the 4H chart, and UNI futures
were announced in the same rollout.
Bitcoin Cash is a 2017 fork of Bitcoin built around larger blocks and a payments-focused design, with the same 21M supply cap. CME already lists futures on BTC, ETH, XRP, SOL, ADA, LINK, XLM, AVAX and SUI, and BCH now joins that group. Contracts come in 2 sizes, 250 BCH standard and 25 BCH micro, both cash-settled in USD.
Regulated futures give institutions a way to hedge or get BCH exposure without holding the coin. That does not automatically mean buying, since futures work for both long and short positions. Volume and open interest after October 19 will show how much demand there really is.$ACU $ARIA
were announced in the same rollout.
Bitcoin Cash is a 2017 fork of Bitcoin built around larger blocks and a payments-focused design, with the same 21M supply cap. CME already lists futures on BTC, ETH, XRP, SOL, ADA, LINK, XLM, AVAX and SUI, and BCH now joins that group. Contracts come in 2 sizes, 250 BCH standard and 25 BCH micro, both cash-settled in USD.
Regulated futures give institutions a way to hedge or get BCH exposure without holding the coin. That does not automatically mean buying, since futures work for both long and short positions. Volume and open interest after October 19 will show how much demand there really is.$ACU $ARIA
