DLT Financial To Launch Top 10 Cryptocurrency Index
According to Yahoo Finance, a London-based startup named DLT Financial said it will launch a fund to track an index of the top ten cryptocurrencies on the market — one of them of course being Bitcoin. DLT Financial: New London-Based Cryptocurrency Index Fund. Recently rebranded from Tramonex, DLT Financial is a fintech company that aims to make virtual....
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DLT Financial has announced the upcoming launch of a cryptocurrency tracker fund, associated with its latest DLT10 Index. Bitcoin has presented itself as an excellent investment vehicle in the past few years. However, the nature of cryptocurrencies combined with the absence of clear regulations has kept traditional investors away from it for a long time. DLT Financial, a spin-off of well-known firm Tramonex has announced its plans to launch a new Bitcoin fund. The fund follows the company’s recent launch of its cryptocurrency index. The DLT10 Index lists 10 different cryptocurrencies....
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....
The New York Stock Exchange (NYSE) is reportedly planning to introduce a special global price index to value Bitcoin, a decentralized digital currency-cum-technology. As reported by Mashable, the world's largest stock exchange is in the process to launch the Bitcoin price index through its Global Index Feed. It is further planning to make the index available free on its website, though for a limited time. The news website also managed to obtain a quote from the NYSE's President, Mr. Tom Farley, who confirmed their plans to launch the Bitcoin index. "We are now going to use our name,....
Bitcoin derivatives exchange BitMEX has announced that from 5th January they will publish a 30 day bitcoin volatility index, measuring the cryptocurrency's volatility against the United States dollar, and that they will create a tradable financial instrument based on the index. Often known colloquially as a 'fear index', a volatility index provides a measure of how much the value of a currency or asset is fluctuating up and down during a given period of time. A similar index called the VIX is often used by stock market traders to gauge and hedge against risk, as well as for other trading....
According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday announcement, Bloomberg said it would launch an index currently tracking nine different decentralized finance, or DeFi, projects with Galaxy Digital. As of Aug. 1, these projects included Uniswap (UNI), Aave (AAVE), Maker (MKR), Compound (COMP), Yearn.Finance (YFI),....