Nasdaq and CME relaunch crypto index to satisfy rising demand for trusted benchmarks

Key Takeaways

Nasdaq and CME rebranded their joint crypto index to assist institutional demand for clear benchmarks.
The Nasdaq CME Crypto Index will function a basis for regulated ETFs and diversified crypto methods.

Nasdaq and CME Group have reintroduced the Nasdaq Crypto Index below a brand new identify, the Nasdaq CME Crypto Index (NCI), aiming to offer establishments with a regulated, clear benchmark for digital asset publicity.

The relaunch comes as demand grows for governance and transparency in crypto investing. The NCI is calculated by CF Benchmarks and constructed on vetted exchanges and custodians, overseen by a joint governance committee. It helps the event of ETFs, structured merchandise, and managed funds.

“This isn’t only a identify change,” mentioned CME Group’s Giovanni Vicioso. “It’s the mixture of two gold requirements.”

Nasdaq’s Sean Wasserman mentioned the shift displays how traders are transferring past single-asset publicity towards broader index-based methods.

The index expands on a virtually 30-year Nasdaq–CME partnership and underpins over $1 billion in property globally, together with the Hashdex Nasdaq Crypto Index ETF (NCIQ) within the US.