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      CME Group Launches Bitcoin Cash and UNI Futures Amidst Declining Open Interest

      CME Group Inc. has launched new futures contracts for Bitcoin Cash (BCH) and Uniswap's UNI token on October 19, 2026. This expansion brings the total number of crypto futures products offered by CME to 11, which includes existing contracts for Bitcoin and Ether. The new futures are cash-settled against CME CF reference prices, allowing traders to speculate on price movements without needing to hold the actual tokens or manage a digital wallet.

      Despite initial excitement following the announcement on September 22, 2026, Bitcoin Cash futures opened with open interest that had returned to pre-announcement levels. After a brief rally where BCH's price surged by approximately 25-30%, open interest nearly doubled to around $295 million, but by October 18, it had fallen back to approximately 560,000 BCH, indicating a lack of sustained demand.

      The UNI futures contracts, which are larger in token terms, did not experience the same level of price movement as BCH. However, the introduction of UNI futures is significant as pending exchange-traded fund (ETF) applications require a six-month history of futures trading. If UNI contracts maintain trading activity from the launch date, it will contribute to the necessary trading history for these applications.

      CME's crypto futures and options activity in the first half of 2026 averaged 279,800 contracts, translating to a notional value of $8.3 billion. Traders are advised to monitor early volume and open interest in the new contracts, particularly the Micro versions, to gauge whether demand will extend beyond larger market participants.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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