February 11 News, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has officially launched a series of cryptocurrency futures products linked to the CoinDesk benchmark indices, marking a new phase in the regulated market’s deployment of digital asset derivatives. These contracts are settled in US dollars cash, providing institutional investors with a compliant channel to participate in the volatility of mainstream crypto markets such as Bitcoin and Ethereum without directly holding or custodying the assets.
ICE stated that this batch of futures was first announced externally on January 9 and has begun trading this week. It includes a wide range of market contracts linked to the CoinDesk 20 and CoinDesk 5 indices, as well as single-asset futures tracking the price performance of Bitcoin, Ethereum, Solana, XRP, and BNB. Since these products do not involve physical delivery, they are more aligned with traditional institutions’ risk management and asset allocation needs.
More notably, ICE plans to launch USDC futures based on the CoinDesk overnight rate, with a one-month term, currently awaiting regulatory approval. This rate is derived from decentralized finance lending markets, reflecting on-chain real funding costs, and is logically similar to traditional overnight benchmark rates such as SOFR. This means that in the future, traders will not only be able to bet on price movements but also price the liquidity, borrowing costs, and capital tightness of the crypto market.
Industry experts believe that this move is reshaping the financial attributes of digital assets, gradually transforming them from mere speculative targets into market tools with comprehensive financing and credit pricing functions. ICE also pointed out that the CoinDesk indices are currently linked to hundreds of billions of dollars in assets, with the CoinDesk 20 weighted by market capitalization, covering most of the digital asset market performance.
As regulated derivatives and DeFi interest rate mechanisms merge, the boundary between traditional capital and on-chain finance is being redefined, and the pricing system of the crypto market is expected to move toward a more mature stage.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute gain of 0.71%: Large capital inflows and long position holdings drive resonance rally
Between 2026-03-17 01:00 and 01:15 (UTC), BTC exhibited a yield of +0.71% in the spot market, with a price range of 75069.4 to 75967.9 USDT, reaching a volatility amplitude of 1.19%. During this time window, market attention notably increased, with intensified price fluctuations and short-term capital inflows driving elevated trading activity.
The primary driver of this price movement was substantial on-chain BTC transfers into mainstream trading platforms, particularly featuring 3 large transactions each exceeding 1000 BTC, significantly enhancing available market liquidity. Spot and derivatives markets synchronized with [text appears to be cut off]
GateNews5m ago
Hyperliquid "Invades" Wall Street: On-Chain Whale Paradise Faces Direct Compliance Pressure
Hyperliquid, as a leading Perp DEX, is rapidly rising and attracting whale players, with massive trading volume and users exceeding 1.729 million. However, facing the rapid development of on-chain finance, compliance and regulatory challenges are becoming increasingly prominent. Hyperliquid has established a policy center to address these issues and seek legitimate status in mainstream finance.
PANews12m ago
Over the past 24 hours, the entire network has liquidated $570 million, with over 120,000 people liquidated.
Gate News: On March 17, according to Coinglass data, the entire network experienced $570 million in liquidations over the past 24 hours, with $125 million in long liquidations and $446 million in short liquidations. A total of 127,807 traders were liquidated globally, with the largest single liquidation occurring on a certain CEX, valued at $6.9442 million.
GateNews25m ago
BTC 15-minute rise of 0.70%: Large transfer inflows and long position holdings resonating to drive price upward
**2026-03-17 00:00 to 00:15 (UTC)**: During this period, BTC price experienced a slight uptick with a return rate of +0.70%, trading within the range of 74613.7 to 75464.6 USDT, with a volatility amplitude of 1.14%. This rally has drawn market attention, with on-chain transaction volume and volatility rising in sync, and short-term sentiment showing significant activity bias.
The primary driver of this price movement is concentrated large-value BTC transfers flowing into a trading platform on-chain, with individual transactions exceeding 1000 BTC, totaling approximately 2800 BTC net inflow, which directly boosted the exchange's hot wallet balance.
GateNews1h ago
ETH drops 0.78% in 15 minutes: Institutional large transfers and liquidity contraction trigger short-term sell pressure
On March 16, 2026, from 23:00 to 23:15 (UTC), the price of ETH dropped by 0.78% in a short period, with fluctuations ranging from 2330.62 to 2357.98 USDT, and an amplitude of 1.16%. Market volatility during this period intensified significantly, trading activity increased markedly, and bearish sentiment began to spread.
The main driver of this movement was large institutional funds transferring to a major exchange within 15 minutes, with single transfers exceeding $10 million, totaling 21,400 ETH. These transfers caused a sudden increase in ETH supply on trading platforms, further amplified by the current market conditions.
GateNews2h ago
