CME Group Expands Altcoin Offerings with Two New Cryptocurrency Indexes
CME Group has expanded its offerings in the cryptocurrency market by launching two new indexes that track altcoins. The Emerging Crypto Index and the CME CF Crypto Market Index are designed to provide a benchmark for investors and traders, with the Emerging Crypto Index specifically excluding Bitcoin and Ethereum.
The Emerging Crypto Index tracks 10 assets, including BNB, XRP, Solana, Hyperliquid, Chainlink, Stellar Lumens, Sui, Uniswap, Avalanche, and Aave. The index uses free-float market capitalization to determine constituent weights, with real-time versions calculated every second and daily settlement versions published at 4 p.m. in three regions.
The CME CF Crypto Market Index includes Bitcoin and Ethereum, making it a more comprehensive benchmark for the large-cap crypto market. Both indexes are reviewed twice a year, with reconstitution and rebalancing taking place on the first business day of June and December.