CME plans to launch the Nasdaq CME Cryptocurrency Index Futures on June 8

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Deep Tide TechFlow News, May 14 — The Chicago Mercantile Exchange Group (CME Group) announced plans to launch Nasdaq CME Cryptocurrency Index Futures on June 8, currently awaiting regulatory review. The Nasdaq Chicago Mercantile Exchange Cryptocurrency Index Futures will be the company’s first market-cap-weighted futures contract, offering both micro and large contract trading sizes.

These contracts will provide market participants with an efficient way to utilize capital, allowing them to invest in top market capitalization cryptocurrencies through a financially settled futures contract. At expiration, the Nasdaq CME Cryptocurrency Index Futures will be settled based on 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).

BTC2.19%
ETH1.61%
SOL1.87%
XRP6.01%
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