CoinMarketCap has introduced two innovative cryptocurrency benchmark indices now available across major financial platforms including Nasdaq GIDS, Bloomberg Terminal, Thomson Reuters Eikon, and Börse Stuttgart. These indices provide institutional and retail investors with standardized tools to track the performance of top digital assets.
Key Features of the New Indices
CMC Crypto 200 Index (CMC200)
- Tracks the top 200 cryptocurrencies including Bitcoin
- Represents approximately 90% of the total cryptocurrency market capitalization
- Quarterly rebalancing on the last calendar day of each quarter
CMC Crypto 200 ex BTC Index (CMC200EX)
- Monitors the same 200 cryptocurrencies excluding Bitcoin
- Designed to measure market performance independent of BTC's influence
- Bitcoin currently dominates ~50% of total crypto market value
👉 Discover how these indices impact crypto portfolio management
Partnership with Solactive
The indices are calculated and maintained by Solactive, a leading German index provider with notable experience in crypto markets:
- Currently manages 3,000+ custom indices worldwide
- Provides the underlying index for CBOE's Bitcoin futures (launched December 2017)
- Uses CoinMarketCap's comprehensive data feed for accurate calculations
"CoinMarketCap's data significantly enhances our ability to create precise custom indices," stated Fabian Colin, Solactive's Head of Sales.
Industry Implications
This development represents another milestone in cryptocurrency market maturation:
- Institutional Accessibility: Available through professional trading terminals
- Standardized Metrics: Provides reliable benchmarks for fund managers
- Market Diversification: CMC200EX offers BTC-neutral exposure
👉 Learn about institutional crypto adoption trends
Crypto Indices Going Mainstream
The financial sector continues embracing crypto indices:
| Platform | Index Provider | Launch Date | Assets Covered |
|---|---|---|---|
| Nasdaq | Brave New Coin | Feb 2019 | BTC & ETH |
| CBOE | Solactive | Dec 2017 | BTC Futures |
| MVIS | VanEck Subsidiary | Nov 2018 | BTC OTC Prices |
Executive Perspective
Brandon Chez, CEO of CoinMarketCap, emphasized the project's significance:
"These professionally calculated indices simplify access to cryptocurrency data. Our collaboration with Solactive helps bridge crypto markets with traditional finance."
FAQ Section
Q: How often are the indices rebalanced?
A: Quarterly adjustments occur on the last calendar day of March, June, September, and December.
Q: Why create a Bitcoin-exclusive version?
A: CMC200EX isolates market performance from Bitcoin's disproportionate influence (50%+ of total crypto market cap).
Q: Where can institutional investors access these indices?
A: Through Nasdaq GIDS, Bloomberg Terminal, Thomson Reuters Eikon, and Börse Stuttgart.
Q: What makes these indices different from existing products?
A: They combine CoinMarketCap's comprehensive data with Solactive's institutional-grade index methodology.
Q: Could these indices lead to new financial products?
A: Yes, they provide the foundation for ETFs, structured products, and derivatives.