CME Group Plans Nasdaq CME Crypto Index Futures Launch on June 8

CME Group said it plans to launch Nasdaq CME Crypto Index futures on June 8, subject to regulatory review, expanding its crypto derivatives lineup with a basket-based product tied to seven major digital assets. The company said the cash-settled contracts will be its first market capitalization-weighted cryptocurrency futures product and will be offered in both standard and micro sizes. The futures track Bitcoin, Ethereum, SOL, XRP, ADA, LINK and lumens, and CME said the product is intended to broaden access to regulated crypto market exposure through listed derivatives. CME also said average daily volume in its crypto products has risen 43% this year.

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