CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge exposure to a diversified basket of leading digital assets.

The cash-settled contracts, which began trading on June 9, settle against the Nasdaq CME Crypto Settlement Price Index, a benchmark tracking eight major cryptocurrencies including Bitcoin, Ether, Solana, XRP, Cardano, Chainlink, Stellar and Bitcoin Cash.

“In today’s volatile markets, investors are increasingly seeking diversified exposure to the cryptocurrency ecosystem while retaining the capital efficiencies and transparency of a regulated futures marketplace,”

Said CME Group Global Head of Cryptocurrency Products, Giovanni Vicioso.

The new futures product allows…