CME sets June 8 for Nasdaq-backed crypto index futures covering seven assets in first weighted contract

The Block Editorial

(01:38 PM UTC)

1 min read

CME Group plans to launch Nasdaq CME Crypto Index futures on June 8 as the exchange's first market-cap-weighted crypto futures product, pending regulatory review, the company announced Wednesday.

The contracts will be settled in U.S. dollars to the Nasdaq CME Crypto Settlement Price Index, which, as of May 14, tracks bitcoin (BTC), ether (ETH), Solana (SOL), XRP, Cardano (ADA), Chainlink (LINK)…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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