Crypto exchange CEO says traders shouldn’t hold their breath for ether futures

Quick Take

  • A slew of firms — including ErisX, Seed CX, and Cboe — have ether derivatives in the works
  • But it doesn’t look like regulators are going to approve such products anytime soon
  • That might have to do with changes coming to the ethereum network 

A slew of crypto firms have their hearts set on launching markets for ethereum derivatives, but the chance regulators get comfortable with giving the green light for those products this year seem slim, some market experts say. 

“My personal view is that it is 50-50 at best,” Paul Chou, chief executive officer of LedgerX, the crypto options exchange, said in an interview, referring to the odds that an ethereum derivative begins trading in 2019.