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The Block | XBTO and Cumberland execute first ETH/BTC block trade on CME

July 31, 2023

The first block trade of an ETH/BTC futures contract was executed on CME Group, between XBTO and trading firm Cumberland.

The new contract will provide traders with a way to express a view on the value of bitcoin versus the Ethereum ecosystem as a store of value.

Read the full article on The Block

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