Select Page

S&P Dow Jones Now Offers Cryptocurrency Index Series & S&P Bitcoin Index

S&P Dow Jones Now Offers Cryptocurrency Index Series & S&P Bitcoin Index
This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

Indices track the performance of BitCoin and Ether, using Lukka for price information.

S&P Dow Jones Indices has officially commenced its digital asset benchmark series. Known as the S&P Digital Market Indices, they measure how digital assets that are registered on cryptocurrency exchanges are performing. The series was announced in December 2020.

It curates its pricing data from the crypto-software provider Lukka, and uses its to determine the eligibility and pricing of individual constituents of the currency. The indices themselves are curated by S&P’s index committee.

The series currently consists of three indices, BitCoin, Ethereum and the CryptoCurrency MegaCap Index. They measure the performance of these two primary currencies individually and collectively as the MegaCap index. S&P intends to expand the series to other coins and large cap and broad market benchmarks later this year.

Peter Roffman, Global Head of Innovation and Strategy at S&P Dow Jones Indices said “Traditional financial markets and digital assets are no longer mutually exclusive markets. As cryptocurrency becomes more mainstream, investors now have access to reliable and transparent benchmarks backed by institutional quality pricing data. We look forward to further expanding our new family of Digital Market Indices and bringing much needed transparency to this exciting market.”

The introduction of this series is a further step towards mainstreaming digital currencies and raising their global acceptance. Bringing them to the trading floors of major exchanges such as in New York further legitimises their validity as exchangeable assets and helps to demystify the uncertainty that surrounds many of these virtual currencies. Better transparency, such as that offered by S&P, will also assist in reducing the misuse of these coins as market players are obliged to be open in their activities in order to be accepted into performance monitors of this type.



The post S&P Dow Jones Now Offers Cryptocurrency Index Series & S&P Bitcoin Index appeared first on Coin Journal.


Source: Coin Journal


All In One Crypto App presents a unique dynamic crypto course that allows you to become a profitable and successful trader. Download Now

Don't forget to share your review/suggestions for android app.

All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own here



Select Sub Category


All In One Crypto App

Made $234 profit with Free Signals from $50

This is the best useful app on my phone. Started trading with $50 and in 5 weeks I was up to $234 just with the free signals. I will recommend it to any new person that wants to try trading crypto. Link to Review

Asoluka Chimdindu

Free User
All In One Crypto App

Good Support

This app is one of the best for crypto currency trading signal for experts and beginal with free and premier with auto follow trading bot all the signal is excellent with accurate technical analysis and fundamental I really like the way they guide and support. Link to Review

olaplus olaplus

Premium User
All In One Crypto App

Accurate Trading Signals

I was premium member of this channel back in 2018 when there was no app. Thr signals were too good, more than 90% accuracy. Now with this app and newly introduced auto trading bot, it will be awesome. Too the moon. Link to Review

Yogesh Patil

Premium member
All In One Crypto App

Awesome and Accurate Signals

Very glad to use this app. The crypto signals was awesome and accurate with detailed explanation and visual information. The admin also helpful and nice. Link to Review

soon cheong

Free User
All In One Crypto App

User Friendly App

Signals are great. I love it. App also friendly to use… Nice job guys Link to Review

Olawunmi Dilureni

Premium Subscriber