The derivatives giant Chicago Mercantile Exchange (CME) Group last week on Wednesday (Aug. 17) announced plans to introduce options on Ether futures. The Ether options launch will happen on Sept. 12 – just a few days from the projected Merge date – subject to regulatory approval. The new Ether product will be sized at 50 ETH per contract and will track the price of ETH via the CME CF Ether-Dollar Reference Rate, which the exchange developed in cooperation with Crypto Facilities.