Nasdaq and CME merge crypto indices into Nasdaq-CME
Nasdaq Stock Exchange and the Chicago Mercantile Exchange (CME) are joining forces to unify their crypto indices, renaming the Nasdaq Crypto Index (NCI) to Nasdaq-CME.
The consolidation of the two exchanges’ indices can be seen as a response to the growing complexity of the crypto market and rising institutional interest in digital assets and blockchain technology. Analysts note that the popularity of cryptocurrency index funds and investment products based on crypto indices is expected to grow as the market becomes increasingly complex.
“We see an index-based approach as the direction investors are moving toward, beyond Bitcoin. This is similar to what we’ve seen in other asset classes, where indices represent the broader market,” said Shaun Wasserman, Head of Index Product Management at Nasdaq.
A good reason to take a closer look
According to Will Peck, Head of Digital Assets at asset manager WisdomTree, crypto index exchange-traded funds (ETFs) that track the prices of a basket of cryptocurrencies will drive the next wave of crypto adoption.
At the time of writing, CoinMarketCap listed 29.66 million cryptocurrencies, with the number continuing to grow on a daily basis.
“Crypto index products remove the technical complexity of analyzing a broad range of digital assets, including tokens from multiple sectors, making them ideal for passive investors seeking exposure to cryptocurrencies,” Will Peck told Cointelegraph.
The price of the NCI benchmark index at the time of writing. Source: Yahoo Finance, Cointelegraph
As is known, the benchmark NCI index currently includes BTC, ETH, XRP, SOL, LINK, ADA, and AVAX. Whether its composition will change following the unification remains unclear.
As we wrote, CME sets new crypto futures trading record in 2025
Latest CME Group News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
