Search results for Nasdaq CME Crypto Index
Crypto
Hashdex ETF introduces staking rewards, investors paid only above threshold
Asset manager Hashdex has introduced a staking structure for the Nasdaq CME Crypto Index ETF, NCIQ, under which the firm keeps all net staking income up to a threshold. Investors in the fund’s common shares receive a share only once annual net staking income exceeds a dollar amount equal to 0.25 percent of common-share net asset value. Above that level, income is split 40 percent to Hashdex and 60 percent to the trust for common shareholders.
Crypto
CME, Nasdaq launch crypto index futures spanning bitcoin to XRP
CME Group has begun trading cryptocurrency index futures developed jointly with Nasdaq. The product is CME’s first market-capitalisation-weighted crypto futures contract and is based on the Nasdaq CME Crypto Settlement Price Index, which includes eight cryptocurrencies: bitcoin, bitcoin cash, ether, Solana, XRP, Cardano, Chainlink and Stellar Lumens. The contracts come in full-size and micro versions and are cash-settled. CME also reported higher crypto derivatives volumes this year.
Crypto
CME, Nasdaq to launch crypto index futures in June
CME Group will launch index futures tracking seven cryptocurrencies, including bitcoin and ether, on June 8. The product, called Nasdaq CME Crypto Index futures, is designed to provide simultaneous exposure to multiple digital assets in a regulated market. The index is market-cap weighted and will be cash-settled at expiry using the index reference price. CME said average daily volume in its crypto derivatives has risen 43 percent this year.
