Ethereum And Litecoin Could Be Boosted By An Exciting New Exchange Offering

[howlermunkey]

Ethereum, traded through the digital token ether, and litecoin could be about to join bitcoin in the futures market after U.S. retail brokerage TD Ameritrade announced it is investing in new cryptocurrency exchange, ErisX.

TD Ameritrade's 11 million clients are already able to trade bitcoin futures over the Chicago Board Options Exchange (CBOE) Futures Exchange after both the CME Group and CBOE introduced them in December last year.

The development could be a good sign for the ethereum price, which has struggled throughout 2018, falling more than 80% from its peak in January.

ErisX plans to launch spot trading in the first half of 2019, with physically settled futures to launch later next year.


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