The indexes meet the market's increasing demand for coins other than TOP coins such as BTC & ETH. Helps investors have a more general view of the market, and more thoroughly evaluate the risks and opportunities of each asset group.
Grayscale will join hands with FTSE Russell, a subsidiary of the London Stock Exchange, to launch an index series tracking the performance of 150 protocols in 5 areas:
- Currency index: Means of payment or stores of value (BTC, XRP, LTC,âŠ)
- Smart contract index: Provides a foundation for developing applications (ETH, SOL, MATIC, DOT,...)
- Financial index: DeFi applications (UNI, AAVE, MKR, CRV,âŠ)
- Consumer & culture index: Entertainment, music, media, sports and art applications (APE, SAND, AXS, MANA, FLOW,...)
- Utility & service index: Projects with practical applications (LINK, LIDO, FIL, RNDR,...)
