Launching and rebranding HOLD 19 means that company’s cryptocurrency index roaster will now feature for options, and investors are to choose from: 10 Large-Cap Crypto Index (ticker: BITX); 20 Mid Cap Crypto Index (ticker: BITW20); 70 Small-Cap Crypto Index (ticker: BITW70); and 100 Total Market Crypto Index (ticker: BITW100).you can find the Bitwise Crypto Indexes throughout the established financial trading ecosystem, Bloomberg, Reuters, Factset and other data aggregators. As announced by the company, an API access and complimentary benchmarking for hedge funds will be created.
Matt Hougan Global Head of Research said: “Our indexes are built from the ground up to respond specifically to the cryptomarket.” “The methodology draws on best practices from the modern indexing of equities, bonds, commodities, and fiat currencies, and pairs them with crypto-native factors to ensure the indexes are safe and replicable. We believe they are the best representation of the investable cryptoasset market in the world.”
Bitwise is also planning to launch an index advisory board that will feature: Srikant Dash, former Global Head of Indexing for Bloomberg and Managing Director and Global Head of Research at Standard & Poor’s Indices; Spencer Bogart, Partner and Head of Research at Blockchain Capital; and Matt Hougan the Global Head of Research at Bitwise and former CEO of both ETF.com and Inside ETFs.
“Well-constructed indexes and index-linked products are key to the development of efficient investment and risk management in any new asset class,” added Dash. “I am pleased to help Bitwise bring such tools to the rapidly evolving cryptocurrency market.”