CME Group Introduces Multi-Asset Crypto Indices for Broader Market Insight
The CME Group has expanded its crypto offerings with two new multi-asset indices designed to provide institutional investors with a broader view of the market.
The CME CF Crypto Market Index and the CME CF Emerging Crypto Index, developed in partnership with CF Benchmarks, are live as of August 31st. The Crypto Market Index tracks Bitcoin and Ether by free-float market capitalization, while the Emerging Crypto Index excludes these two assets to focus on other digital assets.
The indices update approximately every second and operate continuously throughout the year. They draw constituent data from regulated exchange sources and publish daily settlement rates for London, New York, and Asia-Pacific. The eligibility of assets is subject to semi-annual reviews, scheduled each June and December.