CME and CF Benchmarks launch crypto market and emerging crypto indices

CME Group and CF Benchmarks have rolled out two new multi-asset crypto indices, giving institutional traders a standardized way to measure the market beyond its two biggest names. The launch landed on August 31, 2026. The pair arrives alongside two other updates from CME. Position offsets are now available for Bitcoin and Ether futures, and the exchange upgraded its options dashboard tool. Two indices, two different jobs The first product is the CME CF Crypto Market Index. It bundles Bitcoin and Ether with a group of 10 additional digital assets. The second is the CME CF Emerging Crypto Index, which deliberately leaves out Bitcoin and Ether and tracks 10 tokens instead. Both indices use free-float market-cap weighting. A token’s weight depends on the value of its supply that is actually available to trade, not coins locked away or held by insiders. Real-time index values are published approximately every second. Daily settlement prices are calculated across multiple time zones, including London, New York, and APAC. Constituents get reviewed twice a year, in June and December. The launch followed a testing phase that began on August 24, 2026. Emerging, but very top-heavy BNB holds a...