HashKey Capital and FTSE Russell Launch Indices Tracking Crypto Assets

Author

Jai Pratap

Author

Jai Pratap

About Author

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

Author Profile

Share

Copied

Last updated:

January 24, 2024 06:46 EST

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more

Crypto fund manager HashKey Capital and FTSE Russell, a subsidiary of London Stock Exchange Group (LSEG), have unveiled a suite of indices tracking cryptocurrencies.

HashKey Capital and FTSE Russell unveiled jointly developed crypto indices on January 24, as per a release shared with Cryptonews.

These three crypto indexes, accessible on the FTSE Russell website, enable traders to monitor baskets of digital assets aligned with diverse investment strategies.

Indexes Will Track Top Crypto by Market Cap

One of the key offerings is the FTSE Custom Digital Asset Top 20 Index, tracking the top 20 crypto assets based on market capitalization. This index accurately reflects over 90% of the overall performance of the digital asset market.

The FTSE Custom Digital Asset Infrastructure Index focuses on digital assets constituting the infrastructure layer of the crypto ecosystem. This includes smart contract platforms, protocol interoperability, and distributed computation and storage.

Meanwhile, the FTSE Custom Digital Asset Application Index tracks digital assets associated with application functionalities across the digital asset ecosystem. These assets are typically linked to staking instruments and decentralized finance.

The indices will be accessible on the FTSE Russell website starting January 24, with plans for future availability through prominent data providers such as Bloomberg, Factset, LSEG Data & Analytics, Morningstar, and S&P Capital IQ.