{"id":16173,"date":"2021-07-09T08:00:00","date_gmt":"2021-07-09T08:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/07\/09\/ix-asia-indexes-announces-the-results-of-the-ixcrypto-index-quarterly-review-2021-q2\/"},"modified":"2021-07-09T08:00:00","modified_gmt":"2021-07-09T08:00:00","slug":"ix-asia-indexes-announces-the-results-of-the-ixcrypto-index-quarterly-review-2021-q2","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/07\/09\/ix-asia-indexes-announces-the-results-of-the-ixcrypto-index-quarterly-review-2021-q2\/","title":{"rendered":"IX Asia Indexes Announces the Results of the ixCrypto Index Quarterly Review (2021 Q2)"},"content":{"rendered":"

\n<\/p>\n

\n

HONG KONG
\nSAR –\u00a0Media OutReach<\/a>\u00a0– 9 July 2021 – Today, IX Asia Indexes Company Limited announced the 2nd<\/sup>
\nquarter review of the ixCrypto Index (“IXCI”). This is the first crypto
\nbenchmark index launched in Hong Kong.\u00a0 <\/p>\n

\u00a0<\/p>\n

There are three constituents’ additions and no deletion. The
\nnumber of the constituent cryptos will increase from 8 to 11 after the changes.
\nThe additions are as follows:<\/p>\n

\u00a0<\/p>\n

Additions:<\/u><\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dogecoin,
\nSolana, VeChain <\/p>\n

\u00a0<\/p>\n

The free
\nfloat adjusted market capitalization coverage is 75.33%, while the
\n90-day-average volume coverage is 80.06%. The constituents change and recapping
\nat 40% will be effective on July 16, 2021 (Friday). <\/p>\n

\u00a0<\/p>\n

Since the
\nlast review, there has been a drop in the crypto total market capitalisation
\nfrom USD1.88tn to USD1.42tn (-24.5%), and a fall in the daily volume from USD131bn to
\nUSD93bn (-29%). Bitcoin remains as the largest crypto in the constituent list, but
\nits price has gone down by 39% since the last review.<\/p>\n

\u00a0<\/p>\n

“We are
\npleased to see the development of the IxCrypto index becoming more mature since
\nits launch in 2018. With 11 constituents after the effective date, the index is
\nbecoming more diversified. The committee will continue to review the market
\ndevelopment and may consider including more constituents in the coming review
\nto bring the market capitalisation coverage back to the 80% line,”<\/i> said Irene Wong, Chairman of IX
\nAsia Indexes Advisory Committee.<\/p>\n

\u00a0<\/p>\n

More
\ndetails about the ixCrypto Index, including its constituents and constituents’
\nweight, are provided in the Appendices, or refer to the website https:\/\/ix-index.com\/<\/a> \u00a0<\/p>\n

Appendix 1<\/p>\n

ixCrypto Index (“IXCI”)<\/b> <\/b><\/p>\n

\u00a0<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/p>\n

Universe<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

All
\n crypto coins traded in at least two different exchanges around the world<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Selection
\n Criteria<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

Cryptocurrencies
\n ranking in the top 80% of cumulative full market capitalization (“MC”)
\n coverage and in the top 25 of 90-days-average-trading-volume.<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Number
\n of Constituents<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

Variable
\n (8 constituents on 30 June 2021, change to 11 constituents effective on 16
\n July 2021)<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Launch
\n Date<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

12th<\/sup>
\n December 2018<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Base
\n Date<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

3rd<\/sup>
\n December 2018<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Base
\n Value<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

1,000<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Reconstitution
\n Rule<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

If
\n the coverage is below 75% or any of constituents is not in top 25 of trading
\n volume, IXCI will be reconstituted to bring MC coverage back and do liquidity
\n screening.<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Reconstitution
\n and Rebalancing Frequency<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

Quarterly
\n and with a fast entry rule<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Weighting
\n Methodology<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

Free
\n float adjusted market capitalization weighted with a cap of 40%, or a 40%\/
\n 30%\/ 20% step cap under extreme conditions<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Currency<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

US
\n Dollar<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Dissemination<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

Daily, 12:00 noon (HKT)<\/p>\n

<\/p>\n

Hourly, every :00 from 9 a.m.
\n to 9 p.m. (HKT)<\/p>\n

<\/p>\n

Every 15 seconds, from 9
\n a.m. to 9 p.m. (HKT)<\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n

<\/p>\n

Website<\/p>\n

\n <\/td>\n


\n <\/p>\n

 <\/p>\n

https:\/\/ix-index.com\/<\/a> <\/p>\n

\n <\/td>\n


\n
\n <\/tr>\n<\/tbody>\n<\/table>\n

Appendix 2<\/b><\/p>\n

\u00a0<\/b><\/p>\n

Weightings of the Constituents of ixCrypto
\nIndex <\/b><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Crypto<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

90-day-average-<\/b><\/p>\n

volume*<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

90-day-average-<\/b><\/p>\n

Market Cap <\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Cum. Market\u00a0<\/b><\/p>\n

Cap Coverage<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Weighting (%)\u00a0<\/b><\/p>\n

After 40% Cap<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

1<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Bitcoin<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$55,296,262,518 (1)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$872,123,071,199<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

47.00%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

40.00%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

2<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Ethereum<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$36,592,878,351 (2)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$301,434,662,456<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

63.24%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

36.09%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

XRP<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$9,830,843,773 (3)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$48,691,299,487<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

65.86%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

4.64%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

4<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Cardano<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$4,907,113,364 (7)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$46,878,754,121<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

68.39%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

6.27%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

5<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Dogecoin<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$9,599,836,864 (4)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$40,615,379,610<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

70.58%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

4.91%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

6<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Polkadot<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$2,866,606,579 (12)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$28,709,091,427<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

72.12%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

2.23%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

7<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Litecoin<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$5,448,641,022 (6)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$14,951,365,555<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

72.93%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

1.38%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Bitcoin Cash<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$4,601,945,700 (8)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$14,885,841,768<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

73.73%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

1.41%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

9<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Stellar<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$1,898,046,007 (14)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$10,600,140,978<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

74.30%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

0.93%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

10<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Solana<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$791,659,349 (22)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$9,699,314,914<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

74.83%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

1.32%<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

11<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

VeChain<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$1,781,822,876 (16)<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

$9,281,585,590<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

75.33%<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

0.83%<\/p>\n

\n <\/td>\n


\n <\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

\u00a0\u00a0\u00a0 Data as of 30 June 2021 (HKT)<\/p>\n

*
\n90-day-average-volume ranking in total market is shown in the parentheses<\/p>\n

* For
\nthe calculation methodology of the index, please refer to the “ixCrypto Index
\nMethodology Paper” on our website<\/i><\/p>\n

ixCrypto Indexes Series Dissemination<\/b><\/p>\n

\u00a0<\/b><\/p>\n

IXCI, IXBI,
\nand IXEI will be disseminated via the ixCrypto Index official webpage and the
\nNasdaq Global Index Data Service (GIDS) at a 15-second interval from 9 A.M to 9
\nP.M. on every Hong Kong trading days. The tickers are shown below:<\/p>\n

\n\n\n\n\n\n\n
<\/p>\n

Index
\n Name<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Nasdaq
\n GIDS Ticker<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

ixCrypto
\n Index<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

IXCI<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

ixBitcoin
\n Index<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

IXBI<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

ixEthereum
\n Index<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

IXEI<\/p>\n

\n <\/td>\n


\n <\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

For vendors
\nin Hong Kong or Mainland China, please contact IX Asia Indexes Data Services by
\nemailing enquiry@ix-index.com<\/a> to get
\nthe index for dissemination in the Greater China Region.<\/p>\n

\u00a0<\/p>\n

For global
\ndata vendors or professional users requiring a 24*7 monitored data feed, please
\nuse Nasdaq GIDS with the tickers above to get the indexes. For data vendors who
\ncurrently do not carry Nasdaq GIDS, please reach Nasdaq at DataSales@Nasdaq.com<\/a> directly, or fill
\nin the Subscribe to GIDS section at
\nhttps:\/\/www.nasdaq.com\/solutions\/global-index-data-service-gids. The sales
\nmanager of Nasdaq from the dedicated country will respond within the day. <\/p>\n

\u00a0<\/p>\n

* A
\ntesting data feed will be provided on IX Asia Indexes website for free testing
\nor academic usage.<\/i><\/p>\n<\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HONG KONG SAR –\u00a0Media OutReach\u00a0– 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.\u00a0 \u00a0 There are three constituents’ additions and no deletion. The number of the constituent cryptos will increase from 8 …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16173"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16173"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16173\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}