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CME launches crypto indexes tracking XRP, SOL, HYPE and other altcoins

CME launches crypto indexes tracking XRP, SOL, HYPE and other altcoins

CME Group has launched two multi-asset cryptocurrency benchmarks, including a 10-token index that leaves out Bitcoin and Ether and tracks assets such as BNB, XRP, Solana and Hyperliquid.

Summary

  • CME launched two crypto benchmarks, including a 10 token index that excludes Bitcoin and Ethereum.
  • The Emerging Crypto Index tracks BNB, XRP, SOL, HYPE, LINK, XLM, SUI, UNI, AVAX and AAVE.
  • Both indexes use free float market cap weighting and are reviewed twice a year in June and December.
  • Real time index values are calculated every second, while daily settlement versions are published across three regions.
  • The benchmarks can be licensed for investment funds and derivatives,…

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