The analytical Agency Fundstrat Global Advisors LLC has launched five additional price indices for cryptocurrency investors, designed to improve the overall level of customer service. It is reported Bloomberg.
As stated in the Agency, five new indices — Commodities, Platforms, Privacy, Exchanges and Stablecoins-include 75% of the total capitalization of the cryptocurrency market.
The share of Commodity-tokens [terminology Fundstrat — approx. ForkLog] accounted for 47% of capitalization, because the index includes such popular cryptocurrencies, such as bitcoin, Cash Bitcoin, Litecoin, Monero and zcash for.
At the same time, the company advises potential investors to study the composition of the indices in advance, since they do not provide for wide diversification. Thus, the privacy index (Privacy) consists of four components, and Stablecoins — only two, where 99% falls on Tether and 1% on DAI.
At the same time, Fundstrat is still optimistic about the long-term prospects of bitcoin.
"Commodity-tokens, in our opinion, are a kind of springboard for the inflow of institutional investors, given the growing opportunities for market access, for example, futures. In addition, in comparison with other types of tokens they currently exposed to limited risks from the point of view of regulation," said managing partner and head of research at Fundstrat's Thomas Lee.
To create new indexes Fundstrat prompted regulatory risks inherent in the price of the token platforms, although previously the company chose the index mainly based on the size of their capitalization. The company also plans to create additional indicators for digital currencies as the popularity of other thematic areas increases.
Recall that in early April, Thomas Lee said that the period of filing tax returns has a negative impact on the price of bitcoin.
Crypto world gains 5 additional price indexes with limited diversification. ... Getting ready for Institutional flows. Hello liquidity!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
;))))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit