Liquid Index Series July 2024 Quarterly Review
Index Name TradingView Reuters Instrument Code Bitcoin Liquid Index (BLX) Bitcoin Liquid Index (BLX) BTCINX=BNC Ethereum Liquid Index (ELX) Ethereum Liquid Index (ELX) ELXINX=BNC XRP Liquid Index (XRPLX) XRP Liquid Index...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Friday 19th July, 2024, 00:00:00 UTC.
Please see the below public release for full details on this announcement.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Ethereum (ETH) Price Prediction: ETH Holds Near $2,500 as ETF Flows Turn Positive and Long Positions Reach Four-Year High
Ethereum is holding close to $2,500 after a volatile start to October, with the market now showing a mixture of improving institut...
Ethereum Price Prediction: Hyperliquid Whale Opens $60M ETH Long
Ethereum traded at $2,500 as the price tests the $2,500 area after a volatile stretch with a slightly bearish prediction. But one...
Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its S...
Hyperliquid (HYPE) Price Today: HYPE Holds $80 Support Despite Mounting Bearish Pressure
CoinGecko data puts Hyperliquid’s market capitalization at approximately $18.04 billion and its daily trading volume near $918 mil...
Bitcoin Claws Back $2,500 Overnight After a $771 Million Crypto Liquidation Wave
Bitcoin traded near $83,700 early Tuesday, up from a low of about $81,200 at 00:50 UTC, CoinGecko prices show. The recovery came w...
Ethereum Price Prediction: Tom Lee Warns of ETH Drawdown After Kospi Bloodbath
Ethereum is trading at the $2,500 level as Tom Lee warns that Korea’s equity rout could spill into crypto, a bearish price predict...