CME's Nine-Asset Crypto Basket Is 86.29% Bitcoin and Ethereum
- —NCI tracks nine assets, with BTC and ETH at 86.29% combined weight
- —NCI and MCI futures are cash-settled with no token delivery or custody
- —The index is rebalanced and reconstituted quarterly by market cap
- —The remaining 13.71% covers seven altcoins, including HYPE
Why it matters: Institutions get a single hedging tool for crypto exposure, though it is effectively a Bitcoin trade with a thin altcoin tail.
Source: Cryptonews.com