CME lists Uniswap futures on October 19: why UNI is up 8.3 percent three days out

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.CME Group opens trading in futures on Uniswap on Monday, October 19. Three days ahead the UNI price stands at $7.49, well below the level it reached right after the announcement.Uniswap is up 8.3 percent on October 16 and trades at $7.49. The reason sits in the calendar: on Monday, October 19, the derivatives exchange CME Group opens trading in futures on Uniswap. For the first time, the token gets a regulated futures contract at one of the largest derivatives venues in the world. Nothing changes for now in the way you buy the token in Germany. What changes is the set of players able to take a position on the price: funds, asset managers and trading houses that may only touch a coin through a regulated derivatives product. How much of that reaches the price depends on volume in the first few weeks, not on the launch date itself. CME lists Uniswap futures on October 19: 10,000 UNI per standard contract CME Group announced the move on September 22. It is listing two contract sizes...