CME Group announced plans to further enter the US$95 trillion global digital asset derivatives market and launched Nasdaq CME Group Cryptocurrency Index futures on June 8, which is currently pending regulatory review.
The futures will be the company’s first market capitalization-weighted futures contract, the world’s leading derivatives market said in a statement on Thursday. These contracts can be used for trading in micro and large contracts, providing participants with a capital-efficient way to gain exposure to top cryptocurrencies through a single, financially settled vehicle.
The move comes as CME Group solidifies its position as the global center for institutional cryptocurrency pricing. Earlier this year, CME’s suite of crypto products surpassed $7.3 trillion in total lifetime notional volume. This new index product allows CME Group to target a greater share of the broader global market, which currently has an average daily volume of $264.5 billion. According to a Coinglass report last year, annual trading volume totaled $85.7 trillion.
CME last week announced plans to launch Bitcoin volatility futures on June 1, pending regulatory approval, providing a simple way to bet on the extent of price volatility.
Giovanni Viciioso, global head of cryptocurrency products, said: “Demand for regulated cryptocurrency futures continues to grow, with average daily trading volume for our contracts growing by 43% so far this year.”
In the first quarter of 2026 alone, CME’s cryptocurrency average daily volume (ADV) surged to 310,000 contracts from 191,000 contracts the previous year. “As investment in this market continues, these new futures will provide investors with another way to manage risk.”
This launch represents a strategic pivot towards a “package deal”. While single-asset futures for Bitcoin and Ethereum dominate the regulatory landscape, such indices allow investors to trade broad market benchmarks.
At expiration, the contract will settle based on the value of the Nasdaq CME Cryptocurrency Settlement Price Index. As of May 14, the index includes a diversified mix of BTC, ETH, SOL, XRP, ADA, LINK and XLM, covering the vast majority of the total cryptocurrency market capitalization.
Viciioso explained that CME-NASDAQ Cryptocurrency Index futures provide investors with a regulated, cost-effective and convenient way to hedge or gain broad exposure to the entire cryptocurrency market – derivatives in this space currently account for nearly 80% of global trading activity.