Nasdaq CME Crypto™ Index (NCI™)

While digital assets represent a unique opportunity for investors, the nuances and complexity of this asset class present challenges for creating an industry benchmark that both captures the market as it matures and remains replicable for investors. Accordingly, the Nasdaq CME Crypto Index was designed to provide a benchmark that simplifies access to this asset class by adhering to the following principles:

• Adaptable: Designed to adjust the Index composition over time to ensure that it remains a flexible representation of the asset class as it evolves.
• Representative: Captures diverse market share by selecting a basket of constituent assets on the basis of relative market significance, not according to a predetermined number of assets.
• Investible: Utilizes straightforward, automated rules and exhaustive selection criteria, including exchange and custody standards that allow the Index to be easily replicated.

These principles are reinforced by the use of “Core Exchanges” and “Core Custodians” for determining asset eligibility. Core Exchanges serve to filter eligible assets based on trading availability on vetted sources. Core Custodians help to ensure that investment-grade asset custody is supported for Index constituents. The use of vetted Core Exchanges and Core Custodians to determine eligible cryptocurrency assets helps ensure that any product tracking the Nasdaq CME Crypto Index is supported by investment-grade infrastructure.

Please see Nasdaq Digital Assets Indexes Guidelines for Core Exchanges and Core Custodians for more information.

The NCI uses the following Core Exchanges and Core Custodians (as of 12/31/2025):

• Tracks the performance of a diverse basket of USD-traded digital assets.
• Applies liquidity, exchange, and custody standards to asset eligibility  
• Rebalanced and reconstituted on a quarterly basis
• Free float market cap weighted
• Governed by a robust methodology and the Nasdaq Index Management Committee

The Nasdaq CME Crypto Index was specifically designed with these challenges in mind. The Index is designed to be dynamic in nature, broadly representative of the market, and readily trackable by investors.

(Source: NCI Index Data, 06/01/2026, end of day)

The Index is governed by the Index Management Committee, which is responsible for implementation, administration, and oversight of the Index, including its cessation.