HONG KONG
SAR – Media OutReach – 9 July 2021 – Today, IX Asia Indexes Company Limited announced the 2nd
quarter review of the ixCrypto Index (“IXCI”). This is the first crypto
benchmark index launched in Hong Kong.
There are three constituents’ additions and no deletion. The
number of the constituent cryptos will increase from 8 to 11 after the changes.
The additions are as follows:
Additions: Dogecoin,
Solana, VeChain
The free
float adjusted market capitalization coverage is 75.33%, while the
90-day-average volume coverage is 80.06%. The constituents change and recapping
at 40% will be effective on July 16, 2021 (Friday).
Since the
last review, there has been a drop in the crypto total market capitalisation
from USD1.88tn to USD1.42tn (-24.5%), and a fall in the daily volume from USD131bn to
USD93bn (-29%). Bitcoin remains as the largest crypto in the constituent list, but
its price has gone down by 39% since the last review.
“We are
pleased to see the development of the IxCrypto index becoming more mature since
its launch in 2018. With 11 constituents after the effective date, the index is
becoming more diversified. The committee will continue to review the market
development and may consider including more constituents in the coming review
to bring the market capitalisation coverage back to the 80% line,” said Irene Wong, Chairman of IX
Asia Indexes Advisory Committee.
More
details about the ixCrypto Index, including its constituents and constituents’
weight, are provided in the Appendices, or refer to the website https://ix-index.com/
Appendix 1
ixCrypto Index (“IXCI”)
Universe
|
All
|
Selection
|
Cryptocurrencies
|
Number
|
Variable
|
Launch
|
12th
|
Base
|
3rd
|
Base
|
1,000
|
Reconstitution
|
If
|
Reconstitution
|
Quarterly
|
Weighting
|
Free
|
Currency
|
US
|
Dissemination
|
Daily, 12:00 noon (HKT)
Hourly, every :00 from 9 a.m.
Every 15 seconds, from 9
|
Website
|
|
Appendix 2
Weightings of the Constituents of ixCrypto
Index
|
Crypto
|
90-day-average- volume*
|
90-day-average- Market Cap
|
Cum. Market Cap Coverage
|
Weighting (%) After 40% Cap
|
1
|
Bitcoin
|
$55,296,262,518 (1)
|
$872,123,071,199
|
47.00%
|
40.00%
|
2
|
Ethereum
|
$36,592,878,351 (2)
|
$301,434,662,456
|
63.24%
|
36.09%
|
3
|
XRP
|
$9,830,843,773 (3)
|
$48,691,299,487
|
65.86%
|
4.64%
|
4
|
Cardano
|
$4,907,113,364 (7)
|
$46,878,754,121
|
68.39%
|
6.27%
|
5
|
Dogecoin
|
$9,599,836,864 (4)
|
$40,615,379,610
|
70.58%
|
4.91%
|
6
|
Polkadot
|
$2,866,606,579 (12)
|
$28,709,091,427
|
72.12%
|
2.23%
|
7
|
Litecoin
|
$5,448,641,022 (6)
|
$14,951,365,555
|
72.93%
|
1.38%
|
8
|
Bitcoin Cash
|
$4,601,945,700 (8)
|
$14,885,841,768
|
73.73%
|
1.41%
|
9
|
Stellar
|
$1,898,046,007 (14)
|
$10,600,140,978
|
74.30%
|
0.93%
|
10
|
Solana
|
$791,659,349 (22)
|
$9,699,314,914
|
74.83%
|
1.32%
|
11
|
VeChain
|
$1,781,822,876 (16)
|
$9,281,585,590
|
75.33%
|
0.83%
|
Data as of 30 June 2021 (HKT)
*
90-day-average-volume ranking in total market is shown in the parentheses
* For
the calculation methodology of the index, please refer to the “ixCrypto Index
Methodology Paper” on our website
ixCrypto Indexes Series Dissemination
IXCI, IXBI,
and IXEI will be disseminated via the ixCrypto Index official webpage and the
Nasdaq Global Index Data Service (GIDS) at a 15-second interval from 9 A.M to 9
P.M. on every Hong Kong trading days. The tickers are shown below:
Index
|
Nasdaq
|
ixCrypto
|
IXCI
|
ixBitcoin
|
IXBI
|
ixEthereum
|
IXEI
|
For vendors
in Hong Kong or Mainland China, please contact IX Asia Indexes Data Services by
emailing enquiry@ix-index.com to get
the index for dissemination in the Greater China Region.
For global
data vendors or professional users requiring a 24*7 monitored data feed, please
use Nasdaq GIDS with the tickers above to get the indexes. For data vendors who
currently do not carry Nasdaq GIDS, please reach Nasdaq at DataSales@Nasdaq.com directly, or fill
in the Subscribe to GIDS section at
https://www.nasdaq.com/solutions/global-index-data-service-gids. The sales
manager of Nasdaq from the dedicated country will respond within the day.
* A
testing data feed will be provided on IX Asia Indexes website for free testing
or academic usage.
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