bitcoin, ethereum, XRP, and litecoin. According to the company, investors can choose between long or short positions on bitcoin cash, “allowing them to broaden investment opportunities and hedge risk more effectively.” Timo Schlaefer, the CEO of Crypto Facilities, stated:
“bitcoin cash is a top-five cryptocurrency by market cap so it was a logical next step to add BCH to our BTC, ETH, XRP and LTC futures offering.”
Last December, Crypto Facilities partnered with CME Group to launch the latter firm’s bitcoin futures contract. The firm also powers two bitcoin price indexes – the CME CF Bitcoin Reference Rate and CME CF Bitcoin Real-Time Index, that underpin CME Group’s futures product.