HONG KONG SAR – Media OutReach – 29 July 2022 – Right now, IX Asia Indexes Firm Restricted (“IX Asia Indexes”) introduced the launch of its 6 new cryptocurrency indexes together with ixCrypto 5 Sq. Root (“SR”) Index, ixCrypto 5 Equal Weight (“EW”) Index, ixCrypto 10 SR Index, ixCrypto 10 EW Index, ixCrypto Altcoin 10 SR Index and ixCrypto Altcoin 10 EW Index on 5 August 2022, as an growth to its sequence of crypto benchmarks to permit threat diversification and to profit from total market positive factors. For additional particulars please seek advice from the desk relating to comparability with flagship ixCrypto Index.
ixCrypto 5 and ixCrypro 10 Indexes are designed to measure the efficiency of the highest 5 and 10 cryptocurrencies by market capitalisation whereas ixCrypto Altcoin 10 is for the traders who need publicity to massive cap altcoins solely. Bitcoin dominance has been fallen from the excessive of 71.7% in 2 September 2019 to 42% (as of newest) as altcoins have grown in measurement quickly and significance within the evolving world of cryptocurrencies. In response to rising traders demand for publicity to boarder crypto market and diverisification, our new equal-weighted and sq. root of market cap crypto indexes are supplied as a diversified various because the majority of crypto indexes at the moment are closely weighted in Bitcoin and Ethereum. Sq. root of market cap technique may stop the distribution of the index from turning into closely weighted in direction of a single crypto asset whereas equal weighting would offer extra diversified publicity to altcoins.
The 6 new cryptocurrency indexes could have a hard and fast variety of constituents, and will probably be disseminated hourly for ETF and fund building objective by way of
https://ix-index.com/ 7×24 with every day CL/OP* value at 8 a.m. Hong Kong time.
For additional particulars please seek advice from Appendix 1 – 3.
*CL/OP is the cut-off that represents earlier day closing and opening of the brand new day
|Comparability with flagship ixCrypto Index (“IXCI”)|
|Extra Weights In direction of Decrease Cap Cash||Improve Portfolio Diversification||Make investments Solely In Altcoins|
|High 5 cash technique|
|ixCrypto 5 EW Index||✓||✓|
|ixCrypto 5 SR Index||✓|
|High 10 cash technique|
|ixCrypto 10 EW Index||✓||✓|
|ixCrypto 10 SR Index||✓|
|(With out Bitcoin)|
|ixCrypto Altcoin 10 EW Index||✓||✓||✓|
|ixCrypto Altcoin 10 SR Index||✓||✓|
Comparability of the constituent weightings of every index
|ixCrypto 5 EW Index||ixCrypto 5 SR Index||ixCrypto 10 EW Index||ixCrypto 10 SR Index||ixCrypto Altcoin 10 EW Index||ixCrypto Altcoin 10 SR Index|
ixCrypto Index Sequence Statistics Comparability (1/2/2021 – 19/7/2022)
|Index||Index Stage||Efficiency||Customary Deviation|
|3 Months||6 Months||1 12 months|
| ixCrypto 5
| ixCrypto 5
| ixCrypto 10
| ixCrypto 10
ixCrypto Indexes Dissemination
Actual time indexes are disseminated each 5-second interval for 7×24 since 23 June 2022. The actual-time indexes can be found for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are additionally obtainable via Nasdaq World Index Knowledge Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval saved at 15-second unchanged.
The seller tickers are proven beneath:
|Index Identify||Bloomberg Ticker||Reuters Ticker|
For additional details about ixCrypto Index and different obtainable indexes together with IX Crypto spot value index sequence, please go to firm official webpage https://ix-index.com.
For information licensing and product, please contact us at [email protected].
At no cost API use on tutorial analysis or trial, please contact [email protected]
About IX Asia Indexes
IX Asia Indexes Firm Restricted (“IX Asia Indexes”) is an entirely owned subsidiary of the IX Fintech Group. Aiming to turn out to be one of many main index compilers in Asia, its providers within the areas of each actual and digital belongings cowl index consultancy, index design, index calculation and dissemination, and index training. It’s missioned to carry transparency and standardization to the digital asset and tokenisation world via constructing an investment-grade and rules-based benchmarks.
IX Asia Indexes launched the award successful ixCrypto Index (IXCI) in 2018, adopted by two new Indexes ixBitcoin (IXBI) and ixEthereum (IXEI) Index to finish the ixCrypto Index Sequence in early 2021. They’re at the moment obtainable in 85 nations by way of Nasdaq and IX Asia Indexes Firm information feed to Bloomberg, Reuters, banks establishments and data distributors. 14 actual time indexes are disseminated each 5-second for 7×24 since 23 June 2022.
About IX Asia Indexes Advisory Committee
To make sure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with illustration from completely different industries, together with fund administration, exchanges, brokerage, monetary blockchain specialists, crypto service suppliers, and so on. The committee will meet at the least quarterly to debate issues regarding the IX Asia Indexes, together with to assessment and to remark the information sources, methodologies, and operations of IX Asia Indexes, to offer steering to the longer term improvement of recent IX Asia Indexes and to deal with different points and selections on an as-needed foundation.