CME Group has announced plans to introduce Nasdaq CME Cryptocurrency Index Futures on June 8, pending regulatory review. According to Foresight News, this will be the company's first market-capitalization-weighted futures contract, available in both micro and large contract sizes. These contracts aim to provide market participants with an efficient way to invest in leading cryptocurrencies through a financially settled futures contract.
Upon expiration, the Nasdaq CME Cryptocurrency Index Futures will settle based on the value of the Nasdaq CME Cryptocurrency Settlement Price Index. This index measures the performance of the most traded and active cryptocurrencies, which currently include Bitcoin, Ethereum, SOL, XRP, ADA, LINK, and Lumens (XLM) as of May 14.