CME Launches Crypto Index That Excludes Bitcoin and Ether
CME Group launched two new cryptocurrency indexes, one excluding Bitcoin and Ether, tracking 10 assets, and another including them. Both use free-float market-cap weighting and are rebalanced semiannually. The indexes are designed for financial products and derivatives, with real-time and daily settlement values.
How this was made

The 30-second read
Why it matters
The launch creates new tradable benchmarks, potentially attracting crypto funds and increasing CME's fee income.
Market read
Introduces regulated crypto benchmarks, relevant for traders seeking exposure to a basket of large crypto assets.
What to watch
Adoption depends on liquidity of underlying assets and acceptance by institutional investors.
Background
CME Group expands its crypto offerings with two new indexes, one excluding Bitcoin and Ether.
Ticker impact
CME Group announced the launch of two new cryptocurrency benchmark indexes, including the CME CF Emerging Crypto Index.
CME stock may see modest upside as market participants anticipate new crypto derivative offerings.
Product launch is novel and could attract crypto asset managers, but the immediate revenue impact is uncertain.
Market effects
May spur growth in crypto derivative products across exchanges.
Potentially boosts US crypto market infrastructure.
Adds a regulated benchmark for global crypto investors.
Counterpoint
If regulatory scrutiny on crypto intensifies, demand for such indexes could be limited.
Key entities
- ExchangeCME Group
US-listed exchange launching new crypto indexes.





