CoinMarketCap Launches Crypto Indices on Nasdaq, Bloomberg, Others

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Cryptos on Nasdaq!
Hmmm…why am I not surprised?

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CoinMarketCap Launches Crypto Indices on Nasdaq, Bloomberg, Others

CoinMarketCap announced that it will launch two cryptocurrency benchmark indices on Nasdaq Global Index Data Service, Bloomberg Terminal, Thomson Reuters Eikon and Börse Stuttgart. The news was revealed in a post on the crypto data firm’s blog, published on March 20.

The two indices are calculated and administered by German index provider Solactive, the post notes.

Per the announcement, the indices will cover the top 200 cryptocurrencies by market capitalization, one including Bitcoin (BTC) and one without it. The latter benchmark will be called CMC Crypto 200 ex BTC Index (CMC200EX), while the one including Bitcoin is called CMC Crypto 200 Index (CMC200). Both the indexes will be rebalanced on the last day of each calendar quarter, the firm reports.

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