According to a press statement, data provider S&P Dow Jones Indices has added five new indices to its current crypto market benchmarks.
The world’s top index provider, S&P Dow Jones Indices (S&P DJI), announced today the introduction of its newest cryptocurrency indices, including the new S&P Cryptocurrency Broad Digital Market (BDM) Index. The BDM comprises around 240 currencies at debut and offers a broad performance picture of the cryptocurrency industry.
The primary event is the S&P Cryptocurrency Broad Digital Industry Index, which is based on the performance of over 240 different currencies and measures the overall health of the crypto market.
The index is part of S&P DJI’s newly established S&P Digital Market Indices, a collection of digital asset benchmarks.
The other four indices are basically subsets of the Broad Digital Market Index: the Ex-MegaCap Index includes all data from the Broad Digital Market Index with the exception of Bitcoin and Ethereum; the LargeCap Index concentrates on cryptocurrencies with “large” market capitalizations; Ex-LargeCap excludes Bitcoin and Ethereum, and the LargeCap Ex-MegaCap Index monitors data from the LargeCap set but without Bitcoin and Ethereum.
https://mycryptoparadise.com/data-provider-sp-dow-jones-adds-five-new-crypto-indices/