# CME Related Articles

HTX News Center provides the latest articles and in-depth analysis on "CME", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

2026 Must-Read: Who Pays for the Bull Market

"Who Pays for the Bull Market in 2026?" by Dovey Wan of Primitive Ventures analyzes the structural shifts in Bitcoin's market dynamics post-ETF approval and institutional adoption. Despite regulatory tailwinds and mainstream integration, BTC underperformed traditional assets like gold and equities in 2025, with suppressed volatility due to Wall Street arbitrage and derivatives trading. Key insights include: - **Onshore vs. Offshore Divergence**: U.S. investors (via Coinbase) drove buying at highs, while offshore exchanges (e.g., Binance) saw selling pressure. - **Institutional Role**: Corporate buyers (e.g., MSTR) used NAV premium arbitrage to accumulate BTC, but ETFs are largely held by non-institutional investors, with hedge funds reducing exposure. - **Retail Absence**: Retail participation declined as wealth shifted to AI stocks and traditional markets, with crypto CEX traffic falling. - **Native Sellers Emerge**: Early BTC holders and miners sold significantly, with miners diverting resources to AI infrastructure. Bitcoin’s financialization ("paper BTC") introduces systemic fragility, tying its future to macro liquidity and DAT/ETF premiums. The 2026 outlook hinges on macro conditions and institutional proxy valuations, with potential risks from leverage unwinds. The article calls for genuine on-chain adoption to transform passive holdings into active utility, envisioning crypto as a global, supranational financial rail.

比推01/13 17:21

2026 Must-Read: Who Pays for the Bull Market

比推01/13 17:21

Crypto Gets A Wall Street Upgrade As Nasdaq And CME Deepen Ties

Nasdaq and CME Group have relaunched the Nasdaq Crypto Index as the Nasdaq-CME Crypto Index (NCI), a regulated benchmark designed to support crypto-based investment products like ETFs. Jointly overseen by both exchanges and calculated by CF Benchmarks, the NCI aims to provide institutional investors with a transparent, rules-based measure of the cryptocurrency market. It tracks a diversified basket of major coins rather than a single asset, reflecting traditional index management practices. The initiative is part of a broader collaboration between Nasdaq’s indexing expertise and CME’s trading platform, with a phased rollout beginning in late 2025 and continuing into January 2026.

bitcoinist01/11 15:08

Crypto Gets A Wall Street Upgrade As Nasdaq And CME Deepen Ties

bitcoinist01/11 15:08

Chainlink – Will Nasdaq CME news push LINK’s price to $15 again?

Chainlink (LINK) is in a technically sensitive position as its price retraces to a key $13 support zone, a level that has historically acted as a launchpad for rallies. This retracement shows signs of seller exhaustion, with momentum indicators like the Stochastic RSI nearing oversold territory, suggesting a potential reversal is likely. On-chain data supports this, showing a 5% increase in token turnover, indicating tactical positioning by investors rather than panic selling. A significant liquidity cluster near $15 acts as a strong price target if momentum builds. The recent news of Nasdaq and CME Group including LINK in their new crypto index alongside Bitcoin and Ethereum strengthens its narrative as core infrastructure, boosting its institutional credibility. For a reversal to materialize, LINK must hold above the $13 imbalance zone.

ambcrypto01/10 21:02

Chainlink – Will Nasdaq CME news push LINK’s price to $15 again?

ambcrypto01/10 21:02

Nasdaq and CME Rebrand Joint Crypto Index to Expand Exposure

Nasdaq and CME Group have rebranded their joint crypto index to the Nasdaq-CME Crypto Index, deepening their long-standing collaboration. The updated index serves as a benchmark for investors seeking diversified exposure beyond single-asset crypto strategies, reflecting growing regulatory clarity and institutional participation. It tracks multiple cryptocurrencies, including Bitcoin, Ether, XRP, Solana, Chainlink, Cardano, and Avalanche, representing a broader market view rather than a Bitcoin-centric approach. The index emphasizes governance, transparency, and institutional risk compliance, with eligibility rules, liquidity thresholds, and quarterly rebalancing. This initiative builds on the decades-long partnership between Nasdaq and CME, which began with Nasdaq-100 futures in the 1990s.

TheNewsCrypto01/10 12:41

Nasdaq and CME Rebrand Joint Crypto Index to Expand Exposure

TheNewsCrypto01/10 12:41

Web3's Failed Assumption: Ultimately Just Another Expansion of Wall Street's Balance Sheet

The article argues that the core assumption of Web3—that it would revolutionize finance by moving traditional assets on-chain—is failing. Instead, a one-sided absorption is occurring: Traditional Finance (TradFi) is successfully expanding into crypto, while the reverse movement of crypto into traditional assets is struggling. The pivotal moment was November 10, 2023, when CME's Bitcoin futures open interest surpassed Binance's, signaling a major shift. This is because TradFi giants like CME or BlackRock can launch crypto products with near-zero marginal cost, leveraging their existing regulatory licenses, mature risk models, and institutional networks. Conversely, crypto-native platforms face an insurmountable "compliance cost" barrier when trying to tokenize real-world assets (RWA), such as stocks. The stringent regulatory requirements for securities trading make it a prohibitively expensive endeavor. The author concludes that true liquidity comes from large, regulated institutional capital (pension funds, etc.), which prioritizes security and compliance. Products like Bitcoin ETF provide this, allowing traditional capital to enter easily. Therefore, crypto is being stripped of its ideological attributes and is becoming a pure, volatile financial asset class within the traditional system. The financial upper layers of trading and derivatives will likely remain dominated by TradFi, with Web3's role reduced to the base layer of asset generation and settlement.

比推01/09 08:43

Web3's Failed Assumption: Ultimately Just Another Expansion of Wall Street's Balance Sheet

比推01/09 08:43

Bitcoin ETFs’ ‘lion-like’ performance could see $150B in annual inflows

Bitcoin ETFs saw significant institutional inflows of $1.2 billion in the first two trading days of 2026, described by analysts as "lion-like" and potentially signaling $150 billion in annual demand. Despite a net outflow of $243 million on January 6, the inflows showed signs of long-term conviction rather than short-term arbitrage, as CME Open Interest remained low. However, broader Bitcoin demand remains negative, hindering a sustained price rally. BTC continues to face resistance around $94K–$96K, a key barrier to reaching $100K. A stronger recovery depends on consistent ETF inflows and a broader shift in market demand.

ambcrypto01/07 13:17

Bitcoin ETFs’ ‘lion-like’ performance could see $150B in annual inflows

ambcrypto01/07 13:17

CME Group Hits All-Time Highs: Crypto And Rates Fuel Record 2025 Trading

CME Group achieved a record annual average daily volume (ADV) of 28.1 million contracts in 2025, a 6% increase from the previous year. Growth was driven by strong performance in interest rate products (14.2M contracts), equity indexes (7.4M), and a significant surge in crypto derivatives, which saw a 140% rise to 278,000 contracts. Energy, agriculture, and metals trading also contributed, with metals hitting a record. International volume reached 8.4 million contracts, reflecting broad-based growth across sectors and increased institutional participation. Key months like April and November saw particularly high activity due to market volatility and hedging demand.

bitcoinist01/06 08:02

CME Group Hits All-Time Highs: Crypto And Rates Fuel Record 2025 Trading

bitcoinist01/06 08:02

Fed pumps $74.6B in repo liquidity – What it means for Bitcoin’s 2026 rally

The Federal Reserve injected $74.6 billion in overnight repo liquidity, the largest single-day operation since the 2020 COVID crisis. This move is seen as a significant market signal amid growing U.S. economic stress, rather than a coincidence. Bitcoin opened the new year with a modest 1.41% gain, diverging from previous bullish patterns. The article suggests liquidity is now the primary driver for risk assets, especially after Bitcoin closed its first post-halving year in the red. Additionally, after a parabolic rally, silver dropped nearly 7%, exacerbated by CME Group raising margins on COMEX futures—forcing leveraged traders to sell. This breakdown highlights systemic stress. The market is interpreting the Fed’s liquidity injection as a key catalyst for Bitcoin’s anticipated explosive rally in 2026.

ambcrypto01/02 10:05

Fed pumps $74.6B in repo liquidity – What it means for Bitcoin’s 2026 rally

ambcrypto01/02 10:05

Why Bitcoin shorts look confident now, even as $90K looms

Despite Bitcoin's potential to reach $90K, short sellers are exhibiting strong confidence due to a significant 23% price drop in Q4 and waning institutional demand. U.S. Spot ETFs have seen consecutive daily net outflows since mid-December, while Open Interest on the CME has fallen below $10 billion for the first time since September 2024, signaling a risk-off shift. The decline is partly attributed to the breakdown of the basis trade, whose yield has dropped from 10% to around 5%, making it less attractive. Analysts project a potential drop below $80K in early 2026 if weak sentiment persists. However, a surge to $90,600 could liquidate $3 billion in leveraged shorts. Options trading indicates a range-bound market with key levels at $85K for a dip and $88K-$90K for a rally.

ambcrypto12/25 22:02

Why Bitcoin shorts look confident now, even as $90K looms

ambcrypto12/25 22:02

CME's Cryptocurrency Portal

CME's Cryptocurrency Portal: CFTC's recent approval for CFTC-registered exchanges to list spot cryptocurrency products could pave the way for major platforms like CME to enter the market. This move may attract significant institutional capital from traditional markets into crypto, leveraging CME’s established trust, regulatory compliance, and infrastructure. CME already handles substantial crypto derivatives volume, with record daily contracts and growing year-over-year activity. Integrating spot trading could streamline hedging, reduce operational friction, and offer a regulated alternative to offshore platforms. It may also redefine "spot" for large traders who prioritize custody, settlement, and stability over mere price exposure. Additionally, shifting leveraged trading to regulated venues like CME could enhance transparency and consumer protection, reducing risks seen in events like the recent $19B liquidation crash. While initial adoption may be conservative, this step could gradually build trust and open crypto to broader, safer institutional participation.

marsbit12/23 01:57