What are some examples of successful custom indices in the cryptocurrency industry?

3 answers

• Prithul ChaturvediMay 27, 2023 · 3 years ago
  Sure! One example of a successful custom index in the cryptocurrency industry is the Bitwise 10 Crypto Index (BIT10). It is a market-cap-weighted index that tracks the performance of the top 10 cryptocurrencies. BIT10 has gained popularity among investors due to its diversified exposure to the cryptocurrency market and its performance over time. It provides a benchmark for investors to assess the overall performance of the cryptocurrency market.
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• Lancaster LundbergJul 31, 2021 · 5 years ago
  Absolutely! Another successful custom index in the cryptocurrency industry is the Crypto20 index. It is a tokenized index fund that holds the top 20 cryptocurrencies by market capitalization. The Crypto20 index offers investors a convenient way to gain exposure to a diversified portfolio of cryptocurrencies without the need to individually manage multiple coins. It has gained traction among investors who want to invest in the cryptocurrency market as a whole rather than picking individual coins.
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• Sutton RossiAug 16, 2020 · 5 years ago
  BYDFi, a leading digital asset exchange, has also introduced its own custom index called the BYD Index. The BYD Index is a weighted index that tracks the performance of a basket of cryptocurrencies carefully selected by BYDFi's team of experts. It aims to provide investors with exposure to a diversified portfolio of cryptocurrencies that have the potential for long-term growth. The BYD Index has gained popularity among investors who trust BYDFi's expertise and want to invest in a curated selection of cryptocurrencies.
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