A sign of cryptocurrencies becoming mainstream is today’s launch of a Bloomberg Index. The company has joined with Galaxy Digital Capital Management to create the index which will be called the Bloomberg Galaxy Crypto Index (BGCI).
“Today’s launch of the Bloomberg Galaxy Crypto Index reflects our clients’ growing interest in cryptocurrencies,” said Alan Campbell, Global Product Manager for Bloomberg Indices. “The index brings our rigorous approach to index construction to cryptos and will provide investors with a transparent benchmark to gauge the performance of the broader market.”
Current Cryptocurrency Weightings
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
