CME in Partnership With UK Exchange Launches Ethereum Index

The CME has launched two new indexes on Monday to track the price of Ether the second largest cryptocurrency.
CME Launches Ethereum Index
According to a press release, The Chicago Mercantile Exchange (CME Group) partnered with UK based digital asset exchange Crypto Facilities have launched the CME CF Ether-Dollar Reference Rate and Real Time Index, according to an announcement on May 14.
The CME CF Ether-Dollar rates will “provide a standardized reference rate and spot price inde