CME and Nasdaq to launch crypto index futures featuring BTC, ETH, SOL and XRP
The contracts will offer regulated exposure to multiple cryptocurrencies through standard and micro-sized futures products, according to the company.
CME Group, the company behind the world’s largest financial derivatives exchange, plans to launch the Nasdaq CME Crypto Index futures, a cryptocurrency futures index featuring exposure to seven digital assets in a single contract, on June 8.
The new Nasdaq CME Crypto Index futures will track a market-cap weighted basket of cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK) and Stellar (XLM), according to Thursday’s announcement.