HONG KONG SAR – Media OutReach – 29 July 2022 – At this time, 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 collection of crypto benchmarks to permit danger diversification and to profit from general market positive aspects. For additional particulars please check with the desk concerning 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 buyers who need publicity to giant 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 buyers 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 for the reason that majority of crypto indexes in the present day are closely weighted in Bitcoin and Ethereum. Sq. root of market cap technique might 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 set variety of constituents, and can be disseminated hourly for ETF and fund development objective through
https://ix-index.com/ 7×24 with day by day CL/OP* value at 8 a.m. Hong Kong time.
For additional particulars please check with 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 Collection Statistics Comparability (1/2/2021 – 19/7/2022)
|Index||Index Degree||Efficiency||Normal 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 by way of Nasdaq World Index Knowledge Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval stored at 15-second unchanged.
The seller tickers are proven under:
|Index Title||Bloomberg Ticker||Reuters Ticker|
For additional details about ixCrypto Index and different obtainable indexes together with IX Crypto spot value index collection, please go to firm official webpage https://ix-index.com.
For knowledge licensing and product, please contact us at [email protected].
At no cost API use on educational analysis or trial, please contact [email protected]
About IX Asia Indexes
IX Asia Indexes Firm Restricted (“IX Asia Indexes”) is a completely owned subsidiary of the IX Fintech Group. Aiming to change into 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 schooling. It’s missioned to convey transparency and standardization to the digital asset and tokenisation world by way of constructing an investment-grade and rules-based benchmarks.
IX Asia Indexes launched the award profitable ixCrypto Index (IXCI) in 2018, adopted by two new Indexes ixBitcoin (IXBI) and ixEthereum (IXEI) Index to finish the ixCrypto Index Collection in early 2021. They’re at present obtainable in 85 international locations through Nasdaq and IX Asia Indexes Firm knowledge feed to Bloomberg, Reuters, banks establishments and knowledge 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 forth. The committee will meet a minimum of quarterly to debate issues referring to the IX Asia Indexes, together with to evaluate and to remark the information sources, methodologies, and operations of IX Asia Indexes, to supply steerage to the longer term growth of latest IX Asia Indexes and to deal with different points and choices on an as-needed foundation.