S&P Dow Jones Launches 5 New Cryptocurrency Indices
S&P Dow Jones Indices, the world’s leading index provider, announced Tuesday the launch of five new cryptocurrency indices. The company now has eight cryptocurrency indices in total. The first newly added index is the “S&P Cryptocurrency Broad Digital Market (BDM) Index,” which “provides a wide performance snapshot of the cryptocurrency market and includes more than 240 coins at launch,” the announcement details. The other four new crypto indices are subsets of the BDM. The first of the four is the “S&P Cryptocurrency Largecap Index” which....
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S&P Dow Jones Indices launched five new cryptocurrency indexes on Tuesday, marking the company’s first significant expansion of its digital asset benchmarking tools since entering the market in May. S&P Dow Jones Launch New Indexes The world’s largest index provider, S&P Dow Jones Indices, announced the launch of five new cryptocurrency indices on Tuesday. In […]
S&P Dow Jones Indices has launched three new cryptocurrency indices. The S&P Bitcoin Index, S&P Ethereum Index, and S&P Crypto Mega Cap Index (a combination of Bitcoin and Ethereum) will allow retail traders to easily gain exposure to these two largest cryptocurrencies by market cap. A Move Long Overdue The S&P Dow Jones Indices launched […]
The S&P Dow Jones has announced this week the addition of five new crypto indices, including an index that tracks over 240 coins. The indices join legacy financial indicators that have been paramount in the traditional markets, such as the S&P 500 and the Dow Jones Industrial Average. Fabulous Five The focal point of the […]
S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially on December 3, 2020, such indexes will measure the performance of over 550 top traded crypto by market cap, including bitcoin, and they will use data from the New York-based company Lukka. According to the statement issued by both companies, S&P’s clients could create customized indexes, among other....
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P Global S&P Global, the parent company of S&P Dow Jones Indices LLC, launched “The S&P Digital Market Indices” on Monday. The index series include the S&P Bitcoin Index, the S&P Ethereum Index, and the S&P Crypto Mega Cap Index. The ticker symbols for the three are SPBTC, SPETH, and SPCMC,....