BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices

S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether.
3 Crypto Indices Launched by S&P Global
S&P Global, the parent company of S&P Dow Jones Indices LLC, launched “The S&P Digital Market Indices” on Monday.
The index series include the S&P Bitcoin Index, the S&P Ethereum Index, and the S&P Crypto Mega Cap Index. The ticker symbols for the three are SPBTC, SPETH, and SPCMC, respectively. The latter “measures the performance of bitcoin and ethereum,” the company detailed.
Three crypto indices launched by S&P Global. Source: S&P Global
The company explained that “The indices aim to bring transparency to the emerging cryptocurrency market,” elaborating:
These indices are designed to measure the performance of a selection of digital assets (crypto assets) listed on recognized, open exchanges that meet minimum liquidity and market capitalization criteria.
if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });
The indices use Lukka Inc., a crypto data provider, as the data source for digital asset pricing and reference data, via the Lukka Prime and Lukka reference data products.
S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush.
What do you think about S&P launching crypto indices? Let us know in the comments section below.

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Cool huh? Please read the full Article: S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News