Nasdaq CME Crypto Index Performance (Weekly):
The NCI rose 25.1% in a week marked by a confluence of positive factors. The first, extrinsic to crypto, was the announcement that the US Treasury will double its buybacks of long-dated bonds. The others, intrinsic to the market, came from regulatory progress: the SEC announced new rules for the sector, and Trump reinforced the importance of regulation for crypto. Finally, the price rally itself triggered a liquidation of short positions, which amplifies the move. As a result, all NCI constituents closed the week higher, and the index outperformed BTC (+22.7%) for the second consecutive week.
CIO's view:
It's still too early to call, but some of the divergences between price and fundamentals are beginning to manifest in the form of a catch-up, spreading a bullish sentiment across the market. In this context, our expectation for the week is a range of 3,200–4,100 points for the NCI and US$75,000–US$83,000 for BTC.
Key Developments
Hyperliquid is expected to be added in the NCI's next rebalancing.¹ This addition increases the index's diversification and expands its crypto exposure, evolving the benchmark toward the asset class.
Citigroup plans to integrate crypto into its traditional infrastructure.² The bank will begin offering BTC custody for institutional investors on the same infrastructure used for traditional assets.
Spot BTC and ETH ETFs had their best week of inflows since October 2025.³ Net inflows totaled $2.6 billion, signaling growing interest in the assets.
NCI Performance (YTD)

The Nasdaq CME Crypto Index is designed to measure the performance of a significant portion of the digital asset market and to provide a benchmark for institutional investment in this new and emerging asset class. The Index is specifically designed to be dynamic in nature, broadly representative of the market, and readily trackable by investors.
Overview
Methodology
Constituents
NCI constituents as of June 1st, 2026: Bitcoin (79.0%), Ethereum (10.9%), Ripple (5.7%), Solana (2.9%) , Cardano (0.5%), Stellar (0.4%), Chainlink (0.4%) and Bitcoin Cash (0.2%). Third-party data is for informational use only. [1] CF Benchmarks [2] Businesswire [3] Farside. Data accessed on August 24, 2026.
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NCIQ: Effective January 20, 2026, the Fund changed its name from Hashdex Nasdaq Crypto Index US ETF (NCIQ) to Hashdex Nasdaq CME Crypto Index ETF (NCIQ)
Effective January 20, 2026, the index changed its name from Nasdaq Crypto Index (NCI) to Nasdaq CME Crypto™ Index.
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