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Crypto Exchange FTX Launches Lumber Futures After Just Two Hours of Work

Boom In Home Improvement Spending, As Prices Of Single Family Homes Rise
Photographer: Scott Olson/Getty Images North America

Here’s a quintessential markets-in-2021 story. The crypto exchange FTX launched a lumber futures market.

You can see it here. It’s a cash-settled contract to the monthly reading of the Lumber & Wood Products Category of the Producer Price Index.