Source: CryptoBriefing
Original Title: Nasdaq and CME relaunch crypto index to meet rising demand for trusted benchmarks
Original Link:
Key Takeaways
Nasdaq and CME rebranded their joint crypto index to support institutional demand for transparent benchmarks.
The Nasdaq CME Crypto Index will serve as a foundation for regulated ETFs and diversified crypto strategies.
Nasdaq and CME Group have reintroduced the Nasdaq Crypto Index under a new name, the Nasdaq CME Crypto Index (NCI), aiming to provide institutions with a regulated, transparent benchmark for digital asset exposure.
The relaunch comes as demand grows for governance and transparency in crypto investing. The NCI is calculated by CF Benchmarks and built on vetted exchanges and custodians, overseen by a joint governance committee. It supports the development of ETFs, structured products, and managed funds.
“This is not just a name change,” said CME Group’s Giovanni Vicioso. “It’s the combination of two gold standards.”
Nasdaq’s Sean Wasserman said the shift reflects how investors are moving beyond single-asset exposure toward broader index-based strategies.
The index expands on a nearly 30-year Nasdaq-CME partnership and underpins over $1 billion in assets globally, including the Hashdex Nasdaq Crypto Index ETF (NCIQ) in the US.
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ForkYouPayMe
· 19h ago
Once again, institutions are seriously playing with cryptocurrencies. Now, the indices will have to be rebranded all over again.
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GweiTooHigh
· 01-10 04:18
Here we go again with this routine. Do institutions really fall for this? All this talk about "trust benchmarks" sounds so nice, but it's just another way to harvest the little guys.
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GasFeeVictim
· 01-09 21:50
Are you here creating a new name again? In reality, it's still the same thing... Will the institutions really buy into it?
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NFT_Therapy
· 01-09 21:48
Institutions are rushing to demand transparent benchmarks? Now it depends on whether Nasdaq and CME can really come up with some tricks...
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ContractCollector
· 01-09 21:30
Institutions are finally getting serious. Can this restart be reliable?
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Ser_APY_2000
· 01-09 21:28
What new tricks are you up to again? Still the same old stuff with a different shell.
View OriginalReply0
RugPullSurvivor
· 01-09 21:22
Another "trustworthy benchmark," but who defines what is trustworthy?
Nasdaq and CME Relaunch Crypto Index to Meet Rising Demand for Trusted Benchmarks
Source: CryptoBriefing Original Title: Nasdaq and CME relaunch crypto index to meet rising demand for trusted benchmarks Original Link:
Key Takeaways
Nasdaq and CME Group have reintroduced the Nasdaq Crypto Index under a new name, the Nasdaq CME Crypto Index (NCI), aiming to provide institutions with a regulated, transparent benchmark for digital asset exposure.
The relaunch comes as demand grows for governance and transparency in crypto investing. The NCI is calculated by CF Benchmarks and built on vetted exchanges and custodians, overseen by a joint governance committee. It supports the development of ETFs, structured products, and managed funds.
Nasdaq’s Sean Wasserman said the shift reflects how investors are moving beyond single-asset exposure toward broader index-based strategies.
The index expands on a nearly 30-year Nasdaq-CME partnership and underpins over $1 billion in assets globally, including the Hashdex Nasdaq Crypto Index ETF (NCIQ) in the US.