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The variety of constituent cryptos will likely be elevated from the present 11 to 19 constituents from efficient date of the assessment, in gentle of lowering dominance of Bitcoin and emergence of extra diversed market panorama. The modifications are as follows:
Additions
1. Algorand
2. Avalanche
3. Cosmos
4. Fantom
5. Web Laptop
6. NEAR Protocol
7. Stellar
8. Tron
Deletion
N/A
The free float adjusted market capitalization protection is 74.23%, whereas the 90-day-average quantity protection is 71.94%. The constituents change and recapping at 40% will likely be efficient on April 19, 2022 (Tuesday) resulting from Easter break.
Because the final assessment, there was a lower within the crypto complete market capitalisation from USD2.47tn to USD2.16tn (-12.6%), and a drop within the day by day quantity from USD114bn to USD113bn (-0.9%). Bitcoin stays as the most important crypto within the constituent record, with its worth edged down by 0.2% for the reason that final assessment.
Extra particulars in regards to the ixCrypto Index, together with its constituents and constituents’ weight, are offered within the Appendices, or discuss with the web site https://ix-index.com/
For additional enquiries, please contact:
Irene WONG +852 3595 3638
enquiry@ix-index.com
Surina HUI +852 3595 3638
enquiry@ix-index.com
Appendix 1
ixCrypto Index (“IXCI”)
| Universe | All crypto cash traded in at the least two completely different exchanges all over the world |
| Choice Standards | Cryptocurrencies rating within the high 80% of cumulative full market capitalization (“MC”) protection and within the high 25 of 90-days-average-trading-volume. |
| Variety of Constituents | Variable/19 in Q2 2022 |
| Launch Date | twelfth December 2018 |
| Base Date | third December 2018 |
| Base Worth | 1,000 |
| Reconstitution Rule | If the protection is beneath 75% or any of constituents is just not in high 25 of buying and selling quantity, IXCI will likely be reconstituted to convey MC protection again and do liquidity screening. |
| Reconstitution and Rebalancing Frequency | Quarterly and with a quick entry rule |
| Weighting Methodology | Free float adjusted market capitalization weighted with a cap of 40%, or a 40%/ 30%/ 20% step cap underneath excessive circumstances |
| Foreign money | US Greenback |
| Dissemination | Each 5 seconds, from 9 a.m. to 9 p.m. (HKT) |
| Web site | https://ix-index.com/ |
Appendix 2
Weightings of the Constituents of ixCrypto Index
| Crypto | 90-day-average-volume * | 90-day-average- Market Cap | Cummulative Market Protection earlier than Cap | Weighting (%) After 40% Cap | |
| 1 | Bitcoin | $26,998,951,275 (1) | $783,081,899,958 | 41.52% | 40.00% |
| 2 | Ethereum | $14,895,513,851 (2) | $351,469,654,072 | 60.15% | 34.52% |
| 3 | XRP | $2,256,334,379 (5) | $36,223,120,503 | 62.07% | 3.52% |
| 4 | Cardano | $1,577,294,786 (8) | $35,756,108,414 | 63.96% | 3.41% |
| 5 | Solana | $2,206,903,181 (6) | $34,277,454,884 | 65.78% | 3.33% |
| 6 | Terra | $2,482,079,723 (4) | $27,692,464,047 | 67.25% | 3.19% |
| 7 | Avalanche | $1,184,614,942 (11) | $20,579,466,806 | 68.34% | 2.17% |
| 8 | Polkadot | $1,201,613,018 (10) | $20,400,629,194 | 69.42% | 1.88% |
| 9 | Dogecoin | $856,605,587 (15) | $18,766,806,764 | 70.42% | 1.61% |
| 10 | Polygon | $430,988,076 (20) | $13,031,651,220 | 71.11% | 1.10% |
| 11 | Cosmos | $720,929,221 (16) | $8,443,250,245 | 71.56% | 0.73% |
| 12 | Litecoin | $907,689,282(14) | $8,414,374,373 | 72.00% | 0.78% |
| 13 | NEAR Protocol | $1,209,129,004(9) | $7,783,537,940 | 72.41% | 0.79% |
| 14 | Algorand | $1,008,991,434(13) | $6,606,445,444 | 72.77% | 0.52% |
| 15 | Tron | $4,375,196,957(3) | $6,505,554,686 | 73.11% | 0.63% |
| 16 | Bitcoin Money | $699,903,225(17) | $6,327,823,838 | 73.45% | 0.61% |
| 17 | Stellar | $301,252,290(26) | $5,340,337,017 | 73.73% | 0.49% |
| 18 | Fantom | $350,544,946(22) | $4,986,410,806 | 73.99% | 0.30% |
| 19 | Web Laptop | $340,051,675(23) | $4,457,264,201 | 74.23% | 0.40% |
Knowledge as of 31 March 2022 (HKT)
* 90-day-average-volume rating in complete market is proven within the parentheses
* For the calculation methodology of the index, please discuss with the “ixCrypto Index Methodology Paper” on our web site
Appendix 3
ixCrypto Indexes Dissemination
IX Crypto Indexes are disseminated from 9 A.M. to 9 P.M. at a 5-second interval on each Hong Kong enterprise day. The true-time indexes can be found for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are additionally out there via Nasdaq World Index Knowledge Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval stored at 15-second unchanged. The tickers are proven beneath:
| Index Identify | Nasdaq GIDS Ticker |
| ixCrypto Index | IXCI |
| ixBitcoin Index | IXBI |
| ixEthereum Index | IXEI |
For additional details about ixCrypto Index and different out there indexes, please go to https://ix-index.com.
In case you are thinking about licensing, acquiring product specification and/or pattern information recordsdata, please contact us at licensing@ix-index.com. For dissemination of our index as distributors, please contact licensing@ix-index.com
IX Asia Indexes provides API entry for buyers, researchers, or others thinking about high-quality crypto index information. We offer API token authentication for API entry. For extra particulars, please contact enquiry@ix-index.com
About IX Fintech Group and IX Asia Indexes
IX Asia Indexes Firm Restricted is a wholly-owned subsidiary of the IX Fintech Group. Aiming to change into one of many main index compilers in Asia, its providers within the areas of each actual and digital belongings cowl index consultancy, index design, index calculation and dissemination, and index training. As a key participant of Cyberport Hong Kong, and supporter of the College of Hong Kong (“HKU”) Internship and Profession Mentorship Program, IX Asia Indexes launched the primary Hong Kong cryptocurrency index – ixCrypto Index along with its mentees from HKU in 2018 with rising subscription. The index platform was awarded the ETNet Fintech Award – Excellent Crypto Index Platform (Wealth Funding & Administration) 2019. ixCrypto Index is created by IX Asia Indexes and licensed to ixFintech and Nasdaq GIDS for its dissemination.
Web site: 
https://ix-index.com/
About IX Crypto Indexes
The ixCrypto index (“IXCI”) is the primary crypto index launched in Hong Kong. It was launched on 12 December 2018. It’s denominated in USD with a base worth of 1000 and a base date on 3 December 2018. On 1 June 2020, the hourly index was launched. Designed to be straightforward to know whereas offering illustration of the crypto market, ixCrypto index goals to cowl the highest 80% of the cumulative free-float adjusted market capitalization within the crypto universe and, on the identical time, the crypto currencies ought to fall inside the high 25, rating by buying and selling quantity within the 90 days previous the assessment date. The index is to be reviewed quarterly and with a quick entry rule. The true time index is obtainable from 9 am-9 pm and up to date at each 5-second interval. Actual time index information along with ixBitcoin Index and ixEthereum Index might be obtained from IX Asia Indexes Knowledge Companies. For IXCI, IXBI and IXEI, the indexes are additionally out there via Nasdaq World Index Knowledge Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval stored at 15-second unchanged.
About IX Asia Indexes Advisory Committee
To make sure the professionality and impartiality of the index methodologies and operations, ixAsia has established its index advisory committee with illustration from completely different industries, together with fund administration, exchanges, brokerage, monetary blockchain consultants, crypto service suppliers, and many others. The committee will meet twice a 12 months to debate issues regarding the ixAsia Indexes, together with to assessment and to remark the info sources, methodologies, and operations of ixAsia Indexes, to supply steerage to the long run growth of recent ixAsia Indexes and to deal with different points and selections on an as-needed foundation.
Webpage: https://ix-index.com/committee.html
#ixCryptoindex #IXAsiaIndexes
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