CME Group announced plans to launch the Nasdaq CME Cryptocurrency Index Futures on June 8, currently pending regulatory review. The Nasdaq CME Cryptocurrency Index Futures will be the company’s first market-cap-weighted futures contract, offering both micro and standard contract sizes. These contracts will provide market participants with an efficient way to allocate capital by gaining exposure to the top cryptocurrencies through a single financially settled futures contract. Upon expiration, the Nasdaq CME Cryptocurrency Index Futures will be settled based on the value of the Nasdaq CME Cryptocurrency Settlement Price Index, which tracks the performance of the most liquid and actively traded cryptocurrencies—currently including Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and Lumens (XLM) as of May 14.
CME to Launch Nasdaq CME Crypto Index Futures on June 8
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Summary
CME Group plans to launch Nasdaq CME Crypto Index Futures on June 8, subject to regulatory approval. The futures offering includes micro and standard contracts, settled using the Nasdaq CME Crypto Settlement Price Index. The index tracks major cryptocurrencies such as Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and XLM. Traders will now have a new tool to hedge or speculate, with the Fear & Greed Index likely to respond to this expansion.
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