The Nasdaq Crypto Index Settlement Price (NCIS) is calculated once a day and published at 1500 New York Time. The NCIS 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.
The Index was launched on February 2nd 2021. The inception date of the index is December 1st 2020 with a value of 1000. All index values previous to December 1st 2020 are back-tested.
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More information about the index and licensing opportunities can be found at NASDAQ Crypto Index. The Index is calculated by CF Benchmarks and Administered by NASDAQ.)