Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

0
2

Source: Media Outreach

HONG KONG SAR – Media OutReach – 21 April 2023 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2023

1st quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes with results of the constituent review and exchange review as follows:

1. Constituent Review

1.1. ixCrypto Index

The number of constituent cryptos will remain unchanged as 33 constituents with 4 additions and 4 deletions:

Additions< >

  1. Uniswap
  2. OKB
  3. Lido DAO
  4. Aptos

< >Deletion< >

  1. MultiversX
  2. Chiliz
  3. Tezos
  4. Chain

< >After the change, the free float adjusted market capitalization coverage is 74.74%*, while the 90-day-average volume coverage is 80.25%*. The constituents changes above and recapping at 40% will be effective on Apr 21, 2023 (Friday).

1.2. ixCrypto Portfolio Indexes

There is no change to the constituents of ixCrypto 5 EW Index (“IXEW5”), ixCrypto 5 SR Index (“IXSR5”), ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”). The following constituent changes will be made to ixCrypto 10 EW Index (“IXEW10”) and ixCrypto 10 SR Index (“IXSR10”).

Additions< >

  1. Litecoin

< >Deletion< >

  1. TRON

< >Since the last review, there has been an increase in the crypto total market capitalisation from USD0.79tn to USD1.19tn(+50.6%), and a rise in the daily volume from USD27bn to USD53bn(+96.3%). Bitcoin remains as the largest crypto in the constituent list, with its price has gone up by 69.36% since the last review.

2. Exchange Review

As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:

Selected Exchanges< >

  1. Binance
  2. Hotcoin Global
  3. Upbit
  4. Coinbase Exchange
  5. OKX
  6. Bitrue
  7. LBank
  8. MEXC
  9. HitBTC
  10. FMFW.io

< >For more details about our exchange selection criteria, please email [email protected]

More details about the ixCrypto Index and ixCrypto Portfolio Indexes, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/

*exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020) < >< >

Appendix 1

ixCrypto Index (“IXCI”)< >

< >

Universe< > All crypto coins traded in at least two different exchanges around the world< >
Selection Criteria< > Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume< >
Number of Constituents< > Variable/33 in Q1 2023< >
Launch Date< > 12th December 2018< >
Base Date< > 3rd December 2018< >
Base Value< > 1,000< >
Reconstitution Rule< > If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.< >
Reconstitution and Rebalancing Frequency< > Quarterly and with a fast entry rule< >
Weighting Methodology< > Free float adjusted market capitalization weighted with a cap of 40%< >
Currency< > US Dollar< >
Dissemination< > Every 5 seconds for 7×24< >
Website< > 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 Coverage before Cap< > Weighting (%) After 40% Cap#< >
1< > Bitcoin< > $25,449,278,424< > $438,829,053,191< > 42.52%< > 40.00%< >
2< > Ethereum< > $8,278,216,577< > $193,453,028,055< > 61.26%< > 35.99%< >
3< > XRP< > $1,184,409,602< > $19,974,181,780< > 63.20%< > 4.53%< >
4< > Cardano< > $376,012,796< > $12,200,894,622< > 64.38%< > 2.15%< >
5< > Dogecoin< > $507,613,579< > $10,661,852,583< > 65.41%< > 1.69%< >
6< > Polygon< > $555,379,442< > $9,781,509,059< > 66.36%< > 1.63%< >
7< > Solana< > $762,840,531< > $7,909,860,525< > 67.13%< > 1.30%< >
8< > Polkadot< > $267,031,377< > $7,065,956,841< > 67.81%< > 1.18%< >
9< > Litecoin< > $623,192,729< > $6,384,261,984< > 68.43%< > 1.06%< >
10< > Shiba Inu< > $336,780,400< > $6,289,083,980< > 69.04%< > 1.02%< >
11< > TRON< > $290,209,474< > $5,808,250,850< > 69.60%< > 0.97%< >
12< > Avalanche< > $320,901,066< > $5,437,629,995< > 70.13%< > 0.92%< >
13< > Uniswap< > $106,701,142< > $4,696,747,713< > 70.58%< > 0.56%< >
14< > Cosmos< > $ 178,249,536< > $3,577,066,236< > 70.93%< > 0.52%< >
15< > Chainlink< > $332,151,294< > $3,519,135,089< > 71.27%< > 0.61%< >
16< > Monero< > $86,824,707< > $2,909,649,815< > 71.55%< > 0.47%< >
17< > Ethereum Classic< > $229,114,398< > $2,893,276,920< > 71.83%< > 0.47%< >
18< > Toncoin< > $36,876,552< > $2,822,045,513< > 72.11%< > 0.42%< >
19< > OKB< > $41,845,933< > $2,456,648,800< > 72.35%< > 0.41%< >
20< > Bitcoin Cash< > $197,874,418< > $2,420,803,260< > 72.58%< > 0.38%< >
21< > Stellar< > $71,560,157< > $2,293,572,926< > 72.80%< > 0.46%< >
22< > Filecoin< > $344,525,649< > $2,106,765,711< > 73.01%< > 0.37%< >
23< > Lido DAO< > $199,339,378< > $1,955,976,952< > 73.20%< > 0.33%< >
24< > Aptos< > $639,057,286< > $1,904,359,727< > 73.38%< > 0.32%< >
25< > NEAR Protocol< > $149,103,191< > $1,824,771,134< > 73.56%< > 0.27%< >
26< > ApeCoin< > $152,483,756< > $1,802,620,873< > 73.73%< > 0.25%< >
27< > Hedera< > $55,083,160< > $1,730,967,976< > 73.90%< > 0.32%< >
28< > VeChain< > $62,651,515< > $1,670,498,435< > 74.06%< > 0.27%< >
29< > Algorand< > $84,954,473< > $1,659,311,895< > 74.22%< > 0.26%< >
30< > Quant< > $30,794,376< > $1,575,121,607< > 74.37%< > 0.25%< >
31< > Internet Computer< > $49,136,148< > $1,554,898,198< > 74.53%< > 0.25%< >
32< > EOS< > $160,954,071< > $1,169,374,727< > 74.64%< > 0.21%< >
33< > Flow< > $68,239,569< > $1,066,918,980< > 74.74%< > 0.16%< >

< >As of 31 March 2023

* 90-day-average-volume ranking in total market is shown in the parentheses< ># Weighting (%) after 40% Cap is calculated based on the market capitalization of the index constituents on cut-off date, the arrangement of order may not be the same as 90-day-average- Market Cap< >Selection of index constitiuents is based on the past 90-day-average market capitalization and volume< >For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes< >

< >

< > 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%< > 46.40%< > 10.00%< > 36.46%< > –< > –< >
2< > Ethereum< > 20%< > 29.52%< > 10.00%< > 23.20%< > 10.00%< > 36.46%< >
3< > XRP< > 20%< > 10.47%< > 10.00%< > 8.23%< > 10.00%< > 23.20%< >
4< > Cardano< > 20%< > 7.21%< > 10.00%< > 5.66%< > 10.00%< > 8.23%< >
5< > Dogecoin< > 20%< > 6.40%< > 10.00%< > 5.03%< > 10.00%< > 5.66%< >
6< > Polygon< > –< > –< > 10.00%< > 4.93%< > 10.00%< > 5.03%< >
7< > Solana< > –< > –< > 10.00%< > 4.41%< > 10.00%< > 4.93%< >
8< > Polkadot< > –< > –< > 10.00%< > 4.19%< > 10.00%< > 4.41%< >
9< > Litecoin< > –< > –< > 10.00%< > 3.98%< > 10.00%< > 4.19%< >
10< > Shiba Inu< > –< > –< > 10.00%< > 3.91%< > 10.00%< > 3.98%< >
11< > TRON< > –< > –< > –< > –< > 10.00%< > 3.91%< >

< >Appendix 4

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]

Hashtag: #ixCryptoIndex

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Previous articleNew Zealand concerned by civilian casualties in Sudan
Next articleApproach with caution: why NZ should be wary of buying into the AUKUS security pact