CME Group will launch Nasdaq Crypto Index futures

CME Group announced plans to launch the Nasdaq CME Cryptocurrency Index Futures on June 8, currently awaiting regulatory review. The Nasdaq CME Cryptocurrency Index Futures will be the company's first market capitalization-weighted futures contract, offering both micro and standard contract sizes for trading.

These contracts will provide market participants with an efficient way to utilize capital, allowing investment in top-ranked cryptocurrencies through a financially settled futures contract. Upon expiration, the Nasdaq CME Cryptocurrency Index Futures will settle at the value of the Nasdaq CME Cryptocurrency Settlement Price Index, which measures the performance of the most traded and active cryptocurrencies, currently (as of May 14) including Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and lumens (XLM).