Grayscale and FTSE Russell join forces to introduce crypto sector index series
In an Oct. 24 announcement, Grayscale shared news of a new FTSE Grayscale Crypto Sector Index Series, comprising five rules-based indices. The decision was made as a way to provide a comprehensive representation of Grayscale’s Crypto Sectors in the investable crypto market. Monitoring performance in five categories The newly introduced FTSE-Grayscale indices are designed to monitor the performance of crypto currency assets across five distinct categories, which include currencies, smart contract platforms, financials, consumer and culture and utilities and services. In conjunction, we are introducing a new partnership with @FTSERussell and debuting the FTSE Grayscale Crypto Sector Index Series (“Crypto Sector Indices”), a set of 5 distinct, rules-based indices capturing the investable crypto market of Grayscale Crypto Sectors. (3/11) pic.twitter.com/SyH1zFU70h — Grayscale (@Grayscale) October 24, 2023 A follow-up post states that it will encompass over 150 pro...
