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CME Launches Nasdaq Crypto Index Futures
CoinDesk·
CME Group is expanding its digital asset offerings by introducing Nasdaq CME Crypto Index futures on June 8, pending regulatory approval. This move aims to tap into the substantial $85 trillion digital assets market, providing institutional investors with a regulated way to gain exposure to leading cryptocurrencies through a single, cash-settled contract. The futures will track a market-cap-weighted index including BTC, ETH, SOL, XRP, ADA, LINK, and XLM. This initiative follows a significant increase in trading volume for CME's existing crypto products, underscoring growing institutional demand for regulated crypto derivatives and basket-style trading.
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fintech
crypto
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CoinDesk — coindesk.com