FTSE Russell, a leading global index provider, has announced the launch of its new Crypto Index Series in collaboration with Digital Assets data provider Digital Asset Research (DAR). This initiative aims to provide institutional investors with a reliable and transparent benchmark for tracking the performance of the Crypto market. The indexes will cover a wide range of Digital Assets, including major cryptocurrencies like Bitcoin and Ethereum, as well as other altcoins.
The new Crypto Index Series is designed to meet the growing demand for standardized tools that can help investors navigate the volatile and often opaque Crypto market. By leveraging DAR's expertise in Digital Assets data, FTSE Russell aims to offer a robust framework that ensures accuracy, consistency, and compliance with regulatory standards. This move is expected to attract more institutional players into the Crypto space, further legitimizing the asset class.
The indexes will be calculated using a methodology that incorporates market capitalization, liquidity, and other key factors to ensure a fair representation of the Crypto market. This approach is intended to provide investors with a comprehensive view of the market, enabling them to make more informed decisions. The collaboration between FTSE Russell and DAR highlights the increasing importance of reliable data in the Crypto ecosystem, as well as the growing interest from traditional financial institutions in this emerging asset class.
As the Crypto market continues to mature, the introduction of such indexes is a significant step towards greater transparency and accessibility. It also underscores the need for standardized tools that can help bridge the gap between traditional finance and the rapidly evolving world of Digital Assets. With FTSE Russell's reputation for providing high-quality financial benchmarks, this new Crypto Index Series is poised to become a valuable resource for investors looking to gain exposure to this dynamic market.