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CME Group and CF Benchmarks have launched two new multi-asset crypto indices aimed at providing institutional traders with a standardized method to assess the cryptocurrency market beyond Bitcoin and Ether. The launch occurred on August 31, 2026, and follows a testing phase that began on August 24, 2026.
The first index, the CME CF Crypto Market Index, includes Bitcoin and Ether along with ten additional digital assets. The second, the CME CF Emerging Crypto Index, excludes Bitcoin and Ether, focusing instead on ten other tokens. Both indices utilize free-float market-cap weighting, which means the weight of each token is determined by the value of the supply available for trading, excluding locked or insider-held coins.
Real-time values for the indices are published approximately every second, with daily settlement prices calculated across multiple time zones, including London, New York, and the Asia-Pacific region. The indices will undergo a semiannual review in June and December to adjust for changes in market capitalization.
Currently, there are no products linked to these indices, such as futures or exchange-traded funds, allowing for direct trading. However, the standardized pricing offered by these indices provides fund managers with a reliable benchmark for performance tracking and risk management. Additionally, CME has introduced position offsets for Bitcoin and Ether futures and upgraded its options dashboard tool, enhancing the trading infrastructure.
Source: KLEA News