CME Group Snubs Meme Coins—Doubles Down on High-Utility Crypto Derivatives for Institutional Players
Wall Street’s favorite crypto playground just drew a line in the sand.
CME Group—the derivatives behemoth that brought Bitcoin futures to TradFi—is taking a hard pass on meme coin mania. Instead, they’re rolling out the red carpet for institutional-grade crypto derivatives with actual utility.
Why? Because gambling belongs in Vegas.
The move signals a maturing market: While retail traders chase Shiba Inu knockoffs, CME’s betting big on tools for hedging, arbitrage, and risk management. Think Bitcoin and Ethereum options, not Dogecoin futures.
One cynical take? They’re just following the money—institutional crypto derivatives now dwarf meme coin volumes 20:1. But hey, at least someone’s adulting in this market.