Just remembered that today UNI and bitcoin-cash:native futures officially launched on CME, becoming the 10th and 11th single-asset futures contracts, but the market didn’t react at all. As expected, old junk is still old junk. Looking back, the news came out right at the peak, and then it’s been a steady downward trend ever since. Speaking of which, this thing is cash-settled, so institutions don’t even need to touch a single coin. CME itself says it’s for clients to 'manage price risk,' but who’s the first to use it? BCH miners, funds voting with UNI, and project treasuries—those who want to lock in prices without selling coins. The easiest way? Open short positions. So the futures launch brings more hedging trades, not buying pressure. But still, gotta say: Cherish life, stay away from old junk.