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

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), and lumens. Both micro and standard sizes will be available, giving market participants a single contract for broad-based exposure to the top cryptocurrencies by market cap.

Giovanni Vicioso, CME’s global head of cryptocurrency products, said the new contracts would offer clients a regulated way to gain “broad-based exposure to the overall crypto market.”

Average daily volume across CME’s crypto futures suite is up 43% year-to-date, he added.

Sean Wasserman, head of index product management at Nasdaq, framed the futures as “a natural extension of how index-based frameworks support market development over time,” citing growing institutional demand for benchmarks that carry the governance and transparency standards expected in other asset classes.

The June 8 target is notably a reschedule. Plans for index futures linked to the Nasdaq CME Crypto Index were first disclosed in early March alongside CME’s launch of single-name ADA, LINK, and XLM contracts, with a mid-March go-live window that passed without the product launching.

CME has said its broader crypto futures suite already covers more than 75% of total crypto market capitalization, as The Block reported.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Icon Bitcoin Cryptocurrency

Trade Crypto On Coinhub Exchange

Trade Crypto On Coinhub Exchange

Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!

Disclaimer

The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.

Read more

💹 Related News

🔥 Popular News

Referral Reward Program – Earn Commissions!  Learn More Icon Long Arrow