Tim McCourt, Head of Equity, FX & Alternative Investments Products at CME Group, stated during a fireside chat at Token2049 that despite the absence of crypto ETFs and unclear regulations in recent years, there has been a fascinating surge in inquiries from traditional financial institutions such as banks, hedge funds, and brokers on how to access the crypto market. He believes that in the future, with more established mechanisms, individuals will have access to diverse products surrounding crypto assets, including ETFs, spot, futures, and OTC.

McCourt added that CME Group has been conducting extensive data and research, including the development of index systems, since 2015. Now, the company is more focused on predicting future user needs and designing relevant products, which has significantly enriched CME Group's crypto-related product line.

Regarding the distinction between Bitcoin and Ethereum, McCourt explained that people typically utilize Bitcoin for various scenarios such as storage, hedging, and trading, while Ethereum is more commonly used for trading. These inherent differences in their “personalities” place Ethereum and its associated financial products at an earlier stage of development.