FTSE Russell, a subsidiary of the London Stock Exchange Group, has launched a series of indices associated with global digital assets. The company reported this in a press release posted on its website on Tuesday, November 29.
The creator of the FTSE100 stock index explained that the eight indices were prepared in collaboration with the data firm Digital Asset Research. It further noted that this is the second series of FTSE Russell indices based on the FTSE.
This is the first time that indices associated with cryptocurrencies and other digital assets have been issued in the UK. Prior to the FTSE Digital Asset Index series, other companies in the US and Germany had already launched other indices for digital currencies in 2021. These included the S&P Cryptocurrency Index series, Soloactive’s CMC Crypto 200 Index, and the Nasdaq Crypto Index.
Cryptocurrency Composite Indices
The new indices range from…
