Nasdaq and CME Team Up To Issue the Nasdaq-CME Crypto Index
Nasdaq and CME Group rebranded the Nasdaq Crypto Index (NCI) as the Nasdaq-CME Crypto Index.Summary
Nasdaq and CME Group have partnered to unify their crypto indexes, renaming the Nasdaq Crypto Index (NCI) to the Nasdaq-CME Crypto Index. The benchmark index now includes Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL), Chainlink (LINK), Cardano (ADA), and Avalanche (AVAX). Nasdaq noted that investors are increasingly looking toward index-based approaches that represent the broader market beyond just Bitcoin. This move aligns with the institutional rush into digital assets and the integration of traditional finance with digital rails. Experts suggest that crypto index products, such as ETFs, will drive future adoption by removing the technical complexity of analyzing the vast and growing number of digital assets for passive investors.
(Source：Cointelegraph)