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The Nasdaq Stock Exchange and the Chicago Mercantile Exchange Group joined forces to unify their crypto indexes, rebranding the Nasdaq Crypto Index as the Nasdaq-CME Crypto Index. “We see the index-based approach as the direction investors are heading, beyond just Bitcoin.
That’s similar to what we’ve seen in other asset classes, where you have indexes that are representative of the broader market.”Morgan Stanley to launch digital asset wallet as part of crypto product expansionCrypto index products remove the technical complexity of analyzing a broad range of digital assets, including tokens across different sectors, making them ideal for passive investors seeking crypto exposure, Peck told Cointelegraph.Financial nihilism in crypto is over — It’s time to dream big again Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy
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