CME Crypto Basket Futures Composed of 86.29% Bitcoin and Ethereum
CME Group's nine-asset crypto basket futures contract is heavily weighted toward Bitcoin (BTC) and Ethereum (ETH), which together account for 86.29% of the index. The Nasdaq CME Crypto Index (NCI) and its micro-sized version (MCI) allow institutions to gain exposure to or hedge a multi-token portfolio through a single, financially settled trade. This structure eliminates the need for managing nine separate spot positions or futures legs, providing a regulated framework similar to existing single-asset futures.
Summaries are written by AI from the original article. Not investment advice.