CME Introduces New Cryptocurrency Benchmarks with a Focus on Emerging Assets
CME Group has launched two new cryptocurrency benchmarks that offer distinct approaches to tracking digital assets. One index, the CME CF Emerging Crypto Index, focuses on the largest cryptocurrencies outside of Bitcoin and Ethereum.
The emerging index tracks 10 assets: BNB, XRP, SOL, HYPE, LINK, Lumens, SUI, UNI, AVAX, and AAVE, using free-float market-cap weighting to ensure that larger assets exert more influence. The index is reconstituted and rebalanced semiannually on the first business day of June and December.
The companion CME CF Crypto Market Index holds the same 10 assets plus Bitcoin and Ethereum, also using free-float market-cap weighting. Both indices have real-time pricing and are available in three regional settlement variants: London, New York, and Asia-Pacific.