Share this article
Derivatives Giant CME Sets Launch Date for Bitcoin Indexes
The CME Group is launching two previously announced bitcoin price benchmarks next month.
By Stan Higgins
Updated Sep 11, 2021, 12:35 p.m. Published Oct 27, 2016, 7:03 p.m.
The CME Group is launching two previously announced bitcoin price indexes next month.
The exchange services operator said in a notice this week that its CME CF Bitcoin Reference Rate and CME CF Bitcoin Real Time Index will launch on 13th November. The CME CF Bitcoin Reference Rate, according to the firm, will provide price settlement updates after 15:00 UTC each day.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The goal, CME said, is to give clients a reliable reference rate price source for "digital assets" or cryptographic assets that trade on a blockchain.
The benchmarks are being offered in partnership with UK-based Crypto Facilities. Announced in May, they will draw price data from bitcoin exchanges in Asia, Europe and North America.
CME has been testing the products since last month, and was expected to launch sometime in November. The move reflects a positive outlook on digital asset markets – something that CME executives have remarked on in past public appearances.
Disclosure: CME Group is an investor in Digital Currency Group, of which CoinDesk is a subsidiary.
Image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
