CME sets June 8 for Nasdaq-backed crypto index futures covering seven assets in first weighted contract
CME Group to launch Nasdaq CME Crypto Index futures June 8 — its first market-cap-weighted crypto contract covering BTC and six other assets....
Key takeaways
- 1CME Group launches Nasdaq-backed crypto index futures on June 8, covering Bitcoin and six other assets.
- 2This is CME's first market-cap-weighted cryptocurrency contract, expanding institutional trading options.
- 3The index includes Bitcoin and six additional cryptocurrencies in a weighted portfolio structure.
Coins in this story
Why it matters
This institutional-grade derivative product legitimizes crypto markets for regulated trading and likely increases mainstream adoption. For Indian retail investors, it signals growing global recognition and potential path toward regulated crypto trading infrastructure in India.
Explore how DeFi is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Kraken to replace LayerZero with Chainlink to bridge assets across blockchains
The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp....
Strive’s SATA Sets U.S. First With Daily 13% Bitcoin-Backed Dividend Preferred
Strive Asset Management launches SATA preferred stock June 16, the first U.S.-listed security paying daily dividends at 13% annually, compounding to 13.88% yield. The bitcoin-backed instrument targets income investors seeking frequent cash flows. Strive holds 15,009 BTC and eliminated all debt, positioning SATA as alternative to money market funds. Share performance signals market confidence in the engineered yield structure.