HONG KONG SAR - Media OutReach Newswire - 9 May 2024 - Today, IX Asia Indexes announced the launch of ixCrypto BTCETH 5050 Index and ixCrypto BTCETH Proportional Index . The two indexes are designed for cryptocurrencies beginners for their first knowledge and first investment in cryptocurrencies.
's 2024 Q1 review result, Bitcoin together with Ethereum comprised 68.87% and 56.68% of total market capitalization and volume respectively. launches the new indexes that cater to not only investors' demand, but also regulators' direction, which prefer retail to invest solely in Bitcoin and Ethereum rather than a broader range of cryptocurrencies. The two new indexes provide benchmarking value and facilitate ETF issuers and fund managers for the creation of index tracking funds.