CME Group set to alter its reference rate for Ether, and it could mean the exchange is getting ready for futures

CME Group is changing up its reference rate and index tied to ether, according to a notice released by the firm Friday.

itBit, the exchange unit of New York-based fintech firm Paxos, will provide data for the two financial instruments, joining Bitstamp and Kraken. Crypto Facilities will continue to act as the administrator of the indexes, which both launched in 2018, according to the company.

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