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Bitcoin Index Relaunches by Nasdaq CME

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
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