DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Research Brave New Coin

Liquid Index Series January 2024 Quarterly Review

Index Name Nasdaq GIDS Ticker Reuters Instrument Code Bitcoin Liquid Index (BLX) INDEXNASDAQ:BLX BTCINX=BNC Ethereum Liquid Index (ELX) INDEXNASDAQ:ELX ELXINX=BNC XRP Liquid Index (XRPLX) INDEXNASDAQ:XRPLX XRPINX=BNC A n...

Liquid Index Series January 2024 Quarterly Review
Index Name Nasdaq GIDS Ticker Reuters Instrument Code Bitcoin Liquid Index (BLX) INDEXNASDAQ:BLX BTCINX=BNC Ethereum Liquid Index (ELX) INDEXNASDAQ:ELX ELXINX=BNC XRP Liquid Index (XRPLX) INDEXNASDAQ:XRPLX XRPINX=BNC

A number of quantitative features are sampled for each constituent market over the last quarter, to monitor liquidity and index health. The order books of constituent markets retained their depth, as did the average number of transactions per day.

Based on the quantitative factors above, the constituent trust factors for each index (BLX, ELX and XRPLX) have been recalculated for the next quarter, with no material differences from last quarter. The BNC Governance Committee has accepted these updated trust factors and will be implemented on Tuesday 6th February, 23:00:00 UTC.

Please see the below public release for full details on this announcement.

 

Original source

Read on Brave New Coin

Related market context