HONG KONG SAR – Media OutReach – 29 July 2022 – At present, 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 enlargement to its collection of crypto benchmarks to permit danger diversification and to profit from total market positive factors. For additional particulars please seek advice from 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 traders 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 traders demand for publicity to boarder crypto market and diverisification, our new equal-weighted and sq. root of market cap crypto indexes are provided as a diversified different 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 changing into closely weighted in the direction of a single crypto asset whereas equal weighting would supply extra diversified publicity to altcoins.

The 6 new cryptocurrency indexes may have a hard and fast variety of constituents, and will likely be disseminated hourly for ETF and fund building objective by way of

https://ix-index.com/ 7×24 with day by day CL/OP* worth 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
(With Bitcoin)
ixCrypto 10 EW Index
ixCrypto 10 SR Index
(With out Bitcoin)
ixCrypto Altcoin 10 EW Index
ixCrypto Altcoin 10 SR Index
Appendix 1

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
1 Bitcoin 20% 45.28% 10% 35.26%
2 Ethereum 20% 28.97% 10% 22.56% 10% 33.22%
3 XRP 20% 8.91% 10% 6.94% 10% 10.21%
4 Cardano 20% 8.65% 10% 6.74% 10% 9.92%
5 Solana 20% 8.19% 10% 6.38% 10% 9.39%
6 Avalanche 10% 4.49% 10% 6.61%
7 Polkadot 10% 4.82% 10% 7.09%
8 Dogecoin 10% 5.18% 10% 7.62%
9 Polygon 10% 3.64% 10% 5.35%
10 TRON 10% 4.00% 10% 5.88%
11 NEAR Protocol 10% 4.71%

Appendix 2

ixCrypto Index Collection Statistics Comparability (1/2/2021 – 19/7/2022)

Index Index Degree Efficiency Normal Deviation
Excessive Low 3
3 Months 6 Months 1 Yr
ixCrypto 5
EW Index
13875.81 1000 -56.05% -63.82% 16.99% 1266.63 1698.19 3166.19
ixCrypto 5
SR Index
1808.75 868.26 -27.95% -29.77% -11.59% 155.16 186.69 234.81
ixCrypto 10
EW Index
14244.76 1000 -46.14% -58.16% 13.61% 1553.72 2329.26 3124.19
ixCrypto 10
SR Index
1926.53 898.73 -28.82% -31.55% -10.86% 168.87 209.38 257.72
Altcoin 10
EW Index
14815.17 1000 -48.67% -59.24% 17.58% 1701.88 2479.35 3211.31
Altcoin 10
SR Index
2301.00 1000 -38.70% -39.84% 6.88% 293.11 343.77 345.97

Appendix 3

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 out there 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 beneath:

Index Identify Bloomberg Ticker Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .IXEI1

For additional details about ixCrypto Index and different out there indexes together with IX Crypto spot worth index collection, please go to firm official webpage https://ix-index.com.

For knowledge licensing and product, please contact us at [email protected].

Without 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 a completely owned subsidiary of the IX Fintech Group. Aiming to grow to be one of many main index compilers in Asia, its companies 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 deliver 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 the moment out there in 85 nations by way of Nasdaq and IX Asia Indexes Firm knowledge 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.

For extra data on knowledge dissemination and product licensing, please go to https://ix-index.com/ or contact [email protected]

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 totally different industries, together with fund administration, exchanges, brokerage, monetary blockchain specialists, crypto service suppliers, and many others. The committee will meet not less than quarterly to debate issues referring to the IX Asia Indexes, together with to evaluation and to remark the info sources, methodologies, and operations of IX Asia Indexes, to offer steering to the long run improvement of latest IX Asia Indexes and to deal with different points and choices on an as-needed foundation.

Webpage: https://ix-index.com/committee.html

Source link


Please enter your comment!
Please enter your name here