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CME Expands US Crypto Futures Lineup with New Altcoin Contracts

Cointelegraph
CME Group plans to list futures contracts for Cardano, Chainlink, and Stellar on February 9th, pending regulatory approval.

Summary

CME Group is expanding its regulated cryptocurrency derivatives offerings in the US by planning to list futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) starting February 9, pending regulatory approval from the Commodity Futures Trading Commission (CFTC). These new contracts will join existing futures and options for Bitcoin, Ether, XRP, and Solana. CME will offer both standard and micro versions for each altcoin, suggesting an aim to attract retail traders by providing accessible position sizes. This move reflects growing market interest in regulated exposure to digital assets, as noted by NinjaTrader CEO Martin Franchi. The expansion follows CME's recent collaboration with Nasdaq on a unified crypto index.

(Source:Cointelegraph)