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A Look At CME Group (CME) Valuation After Expanding Its Crypto Offering With Bitcoin Volatility Index Futures

A Look At CME Group (CME) Valuation After Expanding Its Crypto Offering With Bitcoin Volatility Index Futures

CME Group (CME) has pushed further into digital assets by launching Bitcoin Volatility Index futures and switching its cryptocurrency futures and options to 24/7 trading, after recording active first trades and measurable contract volumes.

See our latest analysis for CME Group.

The recent crypto product launches come as CME’s share price has rebounded in the very short term, with a 1-day share price return of 3.07% and a 7-day share price return of 4.42%. However, the 90-day share price return is down 15.23% and the 1-year total shareholder return is 1.64%, suggesting that shorter term momentum has picked up while longer term returns have been steadier.

If you are interested in how other exchanges and trading platforms are involved in…

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