Altcoin Roundup: Crypto indexes offer broad access, but are they profitable i...
Trading crypto can be tricky, but a portion of the risk can be mitigated by investing in crypto indexes. Here’s some of what the market has to offer. The cryptocurrency market is known for its high volatility and the wild-west nature of the space is, in part, due to many of the assets having small market caps and the 24/7 operational hours of centralized and decentralized exchanges (DEXs).In addition to being high risk, crypto trading can also be a very time-intensive process. It can be an overwhelming task and a barrier to entry for most investors in determining which tokens to invest in.....
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The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization. S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the broader digital asset market. The S&P Cryptocurrency Broad Digital Market Index, labelled BDM, tracks more than 240 digital assets at launch and represents an expansion of the firm’s recently launched crypto benchmarks. In addition to BDM, the company also....
Research has found overexposure to a few 'blue chip' DeFi tokens is an issue for indexes. New research suggests that indexes based on decentralized finance tokens lack diversification which is less than ideal for advanced investors seeking to mitigate risk.Indexes are a very popular way to get broad exposure to a market without the hassle of researching and buying individual assets. With the explosion in DeFi protocols and related tokens this year, a number of indexes have been launched.Analytics provider DeFi Pulse was one of the first to launch their own index in mid-September at the....
Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally. Galaxy Digital Holdings has teamed up with Alerian and S-Network Global indexes to launch eight crypto-focused blockchain indexes.According to an Aug. 24 announcement, the duo have launched two crypto index families named “Alerian Galaxy Global Blockchain Indexes” and the “Alerian Galaxy Global Cryptocurrency-Focused Blockchain Indexes,” which the eight offerings are listed under.The passive indexes offer exposure to “public companies and select investment....
Galaxy Digital has announced the launch of passive cryptocurrency indexes with Alerian. These passive crypto indexes are eight in number; they will be weighted equally and re-balanced monthly. Galaxy Digital Holdings has partnered with S-Network Global indexes and Alerian to launch eight blockchain indexes focused on crypto. Galaxy Digital Holdings Ltd is a financial services and investment management company that offers cryptocurrency and digital assets services. The Company also provides services in blockchain technology with business lines, including Principal investments, trading,....
During the January crypto derisking carnage, it seems small cap altcoins have come out as the losers as they look to end the month 35% in the red. Small Cap Altcoins Suffer The Largest Losses In January Bloodbath As per the latest weekly report from Arcane Research, it looks like the smaller the coins, the greater have been their losses during the January carnage. Based on the market cap of each crypto, all the coins can be put into different groups. These “market cap weighted indexes” include mainly three divisions, the “large cap index,” the “mid cap....