CME Group Debuts Multi-Asset Crypto Indices with FCA Regulation

CME Group has launched two new multi-asset crypto indices to provide institutional investors with a clearer picture of the overall crypto market. The CME CF Crypto Market Index and the CME CF Emerging Crypto Index are designed to track the performance of various digital assets, excluding Bitcoin and Ether.

The indices were developed in partnership with CF Benchmarks, a leading provider of crypto pricing data. They use a methodology that weights constituent assets by free-float market capitalization, similar to traditional equity indices like the S&P 500.

The Crypto Market Index tracks Bitcoin and Ether, while the Emerging Crypto Index focuses on other digital assets. Both indices update approximately every second and publish daily settlement rates for London, New York, and Asia-Pacific regions. CF Benchmarks administers the indices under regulation from the UK's Financial Conduct Authority (FCA).