Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

S&P Dow Jones Grows Crypto Inventory With New Indices

By Crypto BriefingCryptocurrencyJul 14, 2021 01:05AM ET
S&P Dow Jones Grows Crypto Inventory With New Indices
By Crypto Briefing   |  Jul 14, 2021 01:05AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

The leading index provider has introduced five new crypto-focused indices, adding to the three it launched earlier this year.

S&P Dow Jones Indices has doubled down on its crypto play. The data provider has launched five new crypto indices.

S&P Dow Jones Adds Five New Crypto Indices

S&P Dow Jones Indices is embracing crypto.

The index provider has launched five new crypto indices, according to a Tuesday press release.

The biggest update is the launch of a new S&P Cryptocurrency Broad Digital Market (BDM) Index, which will track the performance of the crypto market across 240 coins.

The other indices are slight variants of the Broad Digital Market Index. The S&P Cryptocurrency LargeCap Index measures the performance of coins in the BDM with the largest market caps, the S&P Cryptocurrency BDM Ex-MegaCap Index uses the BDM data minus Bitcoin and Ethereum, the S&P Cryptocurrency LargeCap Ex-MegaCap Index tracks the LargeCap data with Bitcoin and Ethereum excluded, and the S&P Cryptocurrency BDM Ex-LargeCap Index excludes the LargeCap altogether.

The new indices follow the launch of a Bitcoin Index, an Ethereum Index, and a MegaCap Index tracking both of the leading cryptocurrencies. The firm announced its move into crypto with the launch of the three indices in December 2020, partnering with crypto software and data provider Lukka. They went live in May.

S&P Dow Jones Indices is best known for the S&P 500 and the Dow Jones Industrial Average, two of the world’s most widely followed market indicators. Nonetheless, with the addition of five new crypto offerings, it’s clear that the index provider is looking to capitalize on the growing interest in crypto.

Peter Roffman, Global Head of Innovation and Strategy at S&P Dow Jones Indices, remarked that the move to adopt five new crypto indices brings more transparency to the cryptocurrency market. “The expansion of our Digital Market Indices family gives one of the broadest snapshots yet of this rapidly growing asset class,” he said.

Original Post

S&P Dow Jones Grows Crypto Inventory With New Indices

Related Articles

Gregor Horvat
Bitcoin May Continue Lower By Gregor Horvat - Sep 24, 2021 2

As per Elliott Wave analysis, Bitcoin (BTC/USD) is came nicely down in the 4-hour chart, but it's trading now at key 40k-37k zone for wave C, so in case if we see strong rebound...

Tim Knight
Overhead By Tim Knight - Sep 24, 2021 1

Just yesterday morning, I did a premium post called Three Exceptions in which I told Slope’s Gold and Platinum users of the three, and only three, cryptos which I had decided...

S&P Dow Jones Grows Crypto Inventory With New Indices

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email