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CME Group has officially commenced trading for Avalanche (AVAX) and Sui (SUI) futures, marking a significant transition in institutional crypto adoption beyond the Bitcoin-only phase. The launch saw immediate institutional participation, with the first trades executed by FalconX and G-20 Group, highlighting a growing appetite for diverse digital assets. This development follows CME's recent scheduling of Bitcoin volatility futures for June 2026, pending CFTC review. Additionally, the exchange is strengthening its financial benchmarks through the U.S. dollar RepoFunds Rate (RFR USD), leveraging BrokerTec’s substantial daily volumes. Despite the product expansion, CME shares declined 1.20% to close at $286.82, reflecting broader market sentiment. These initiatives underscore the exchange's commitment to providing institutional-grade tools for risk management and broader digital asset exposure.
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