S&P, Pantera Launch Digital Asset Index With ETH, BNB, SOL Among Holdings
Summary
- S&P Dow Jones Indices and Pantera Capital have launched a digital asset index.
- The index uses a rules-based approach similar to traditional finance benchmarks rather than focusing on price momentum or market popularity.
- Key holdings include Ether (ETH), BNB, Solana (SOL), Tron (TRX) and Hyperliquid (HYPE).
Forecast Trend Report by Period
S&P Dow Jones Indices and Pantera Capital have launched a new index built on the fundamentals of digital assets.
Wu Blockchain reported on July 21 that the two firms introduced the S&P Pantera Digital Asset Index to provide institutional investors with a more systematic benchmark for digital-asset investing.
Unlike existing crypto indexes that select tokens based on price momentum or market popularity, the new index uses a rules-based methodology similar to traditional finance benchmarks. It includes projects and tokens with real-world use cases and revenue generation.
The index currently consists of 18 digital assets. The full list of constituents has not been disclosed, though identified holdings include Ether (ETH), BNB, Solana (SOL), Tron (TRX) and Hyperliquid (HYPE).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.