Brave New Coin and BTSE Launch Institutional-Grade Index to Track Real-Time Market Performance of BTC, ETH, and LTC
AUCKLAND, New Zealand, Oct. 29, 2019 /PRNewswire/ -- Brave New Coin (BNC),a leading provider of high-value cryptocurrency market data,and multi-currency futures exchange BTSE together launched the BNC-BTSE Composite Index (BBCX) that will track real-time market performance of BTC, ETH, and LTC.
- AUCKLAND, New Zealand, Oct. 29, 2019 /PRNewswire/ -- Brave New Coin (BNC),a leading provider of high-value cryptocurrency market data,and multi-currency futures exchange BTSE together launched the BNC-BTSE Composite Index (BBCX) that will track real-time market performance of BTC, ETH, and LTC.
- The BBCX index will track the performance of a basket of large cap cryptocurrencies by free float market capitalization based on order book data sourced from five constituent exchanges; Bitstamp, Bitfinex, Kraken, Coinbase-Pro, and BTSE.
- The index is rebalanced on a quarterly basis so that it reflects the underlying assets' market performance.
- The BBCX index is created and administered by Brave New Coin and co-branded by BTSE.