IX Asia Indexes Company announces to launch ixCrypto 5 SR Index; ixCrypto 5 EW Index; ixCrypto 10 SR Index; ixCrypto 10 EW Index; ixCrypto Altcoin 10 SR Index; ixCrypto Altcoin 10 EW Index

HONG KONG SAR –
Media OutReach – 29 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the launch of its 6 new cryptocurrency indexes including ixCrypto 5 Square Root (“SR”) Index, ixCrypto 5 Equal Weight (“EW”) Index, ixCrypto 10 SR Index, ixCrypto 10 EW Index, ixCrypto Altcoin 10 SR Index and ixCrypto Altcoin 10 EW Index on 5 August 2022, as an expansion to its series of crypto benchmarks to allow risk diversification and to benefit from overall market gains. For further details please refer to the table regarding comparison with flagship ixCrypto Index.
ixCrypto 5 and ixCrypro 10 Indexes are designed to measure the performance of the top 5 and 10 cryptocurrencies by market capitalisation while ixCrypto Altcoin 10 is for the investors who want exposure to large cap altcoins only. Bitcoin dominance has been fallen from the high of 71.7% in 2 September 2019 to 42% (as of latest) as altcoins have grown in size rapidly and significance in the evolving world of cryptocurrencies. In response to growing investors demand for exposure to boarder crypto market and diverisification, our new equal-weighted and square root of market cap crypto indexes are offered as a diversified alternative since the majority of crypto indexes today are heavily weighted in Bitcoin and Ethereum. Square root of market cap method could prevent the distribution of the index from becoming heavily weighted towards a single crypto asset while equal weighting would provide more diversified exposure to altcoins.
The 6 new cryptocurrency indexes will have a fixed number of constituents, and will be disseminated hourly for ETF and fund construction purpose via
https://ix-index.com/ 7×24 with daily CL/OP* price at 8 a.m. Hong Kong time.
For further details please refer to Appendix 1 – 3.
*CL/OP is the cut-off that represents previous day closing and opening of the new day

Comparison with flagship ixCrypto Index (“IXCI”)

More Weights Towards Lower Cap Coins

Enhance Portfolio Diversification

Invest Solely In Altcoins

Top 5 coins strategy

ixCrypto 5 EW Index

ixCrypto 5 SR Index

Top 10 coins strategy

(With Bitcoin)

ixCrypto 10 EW Index

ixCrypto 10 SR Index

(Without Bitcoin)

ixCrypto Altcoin 10 EW Index

ixCrypto Altcoin 10 SR Index

Appendix 1

Comparison of the constituent weightings of each index

Index
Constituents

ixCrypto 5 EW Index

ixCrypto 5 SR Index

ixCrypto 10 EW Index

ixCrypto 10 SR Index

ixCrypto Altcoin 10 EW Index

ixCrypto Altcoin 10 SR Index

1

Bitcoin

20%

45.28%

10%

35.26%

2

Ethereum

20%

28.97%

10%

22.56%

10%

33.22%

3

XRP

20%

8.91%

10%

6.94%

10%

10.21%

4

Cardano

20%

8.65%

10%

6.74%

10%

9.92%

5

Solana

20%

8.19%

10%

6.38%

10%

9.39%

6

Avalanche

10%

4.49%

10%

6.61%

7

Polkadot

10%

4.82%

10%

7.09%

8

Dogecoin

10%

5.18%

10%

7.62%

9

Polygon

10%

3.64%

10%

5.35%

10

TRON

10%

4.00%

10%

5.88%

11

NEAR Protocol

10%

4.71%

Appendix 2
ixCrypto Index Series Statistics Comparison (1/2/2021 – 19/7/2022)

Index

Index Level

Performance

Standard Deviation

High

Low

3
Months
(%)

6
Month
(%)

1
Year
(%)

3 Months

6 Months

1 Year

ixCrypto 5
EW Index

13875.81

1000

-56.05%

-63.82%

16.99%

1266.63

1698.19

3166.19

ixCrypto 5
SR Index

1808.75

868.26

-27.95%

-29.77%

-11.59%

155.16

186.69

234.81

ixCrypto 10
EW Index

14244.76

1000

-46.14%

-58.16%

13.61%

1553.72

2329.26

3124.19

ixCrypto 10
SR Index

1926.53

898.73

-28.82%

-31.55%

-10.86%

168.87

209.38

257.72

ixCrypto
Altcoin 10
EW Index

14815.17

1000

-48.67%

-59.24%

17.58%

1701.88

2479.35

3211.31

ixCrypto
Altcoin 10
SR Index

2301.00

1000

-38.70%

-39.84%

6.88%

293.11

343.77

345.97

Appendix 3
ixCrypto Indexes Dissemination
Real time indexes are disseminated every 5-second interval for 7×24 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:

Index Name

Bloomberg Ticker

Reuters Ticker

ixCrypto Index

IXCI

.IXCI

ixBitcoin Index

IXCBI

.IXBI1

ixEthereum Index

IXCEI

.IXEI1

For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage
https://ix-index.com.
For data licensing and product, please contact us at
[email protected].

For free API use on academic research or trial, please contact
[email protected]

 

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