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CoinShares' Gold and Cryptoasset Index Goes Live
Summary: CoinShares launched the CoinShares Gold and Cryptoassets (CGCI) index on Tuesday, May 26, according to a press release. The index is the first EU Benchmark regulations complaint index that combines digital assets and gold. The goal of the index is to provide exposure to cryptoassets and improve average asset returns while curbing volatility, the release ...
CoinShares launched the CoinShares Gold and Cryptoassets (CGCI) index on Tuesday, May 26, according to a press release.
The index is the first EU Benchmark regulations complaint index that combines digital assets and gold. The goal of the index is to provide exposure to cryptoassets and improve average asset returns while curbing volatility, the release stated.
The release argues that the new index leverages the characteristics of high volatility cryptoassets and low volatility gold and the lack of correlation between the two. The index is live on Bloomberg Terminals and Refinitiv.
By Emily Mason
Tags: CoinShares,Cryptoassets,Cryptotrading,EU,Finance,Index,Markets,Trading,Volatility
Link: CoinShares' Gold and Cryptoasset Index Goes Live [Copy]
