Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021

Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021

In the latest big move by traditional finance to incorporate crypto, 550 coins will appear in the new indexes starting next year. S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed.In a press release on Thursday, S&P DJI describes Bitcoin (BTC) and altcoins as an “emerging asset class.”Bitcoin and altcoins hit Wall Street financeThe firm will partner with Lukka, a U.S. blockchain data provider, to launch the indexes, which will cover a reported 550 cryptocurrencies."With digital assets such....


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