Nasdaq and CME Relaunch Crypto Index to Meet Institutional Demand
- Nasdaq and CME Group have rebranded their joint crypto index as the Nasdaq CME Crypto Index (NCI).
- The NCI aims to provide a regulated, transparent benchmark for institutional digital asset exposure.
- The index is calculated by CF Benchmarks and relies on vetted exchanges and custodians.
- It supports the development of ETFs, structured products, and managed funds.
- This relaunch builds on a nearly 30-year partnership between Nasdaq and CME, underpinning over $1 billion in assets globally.
The Nasdaq CME Crypto Index (NCI) has been reintroduced to meet the rising demand for transparent benchmarks in crypto investing. It serves as a foundation for regulated ETFs and diversified strategies, reflecting a shift towards broader index-based investments.
Source (3.2)https://cryptobriefing.com/nasdaq-cme-crypto-index-launch/?rand=59535