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Are there any S&P indexes specifically designed for tracking Bitcoin?

avatarAyoub SniniDec 27, 2021 · 3 years ago3 answers

Are there any indexes within the S&P family that are specifically created to track the performance of Bitcoin? I'm interested in finding out if there are any benchmark indexes that focus solely on Bitcoin and are part of the S&P index family. Can you provide any information on this?

Are there any S&P indexes specifically designed for tracking Bitcoin?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are currently no S&P indexes specifically designed for tracking Bitcoin. The S&P index family does not have any benchmark indexes that solely focus on Bitcoin. However, there are other indexes and indices available in the cryptocurrency market that track the performance of Bitcoin.
  • avatarDec 27, 2021 · 3 years ago
    No, there are no S&P indexes dedicated to tracking Bitcoin. The S&P index family primarily focuses on traditional financial markets and does not have any indexes specifically designed for cryptocurrencies. However, there are other indices and benchmarks available in the cryptocurrency industry that track the performance of Bitcoin.
  • avatarDec 27, 2021 · 3 years ago
    While the S&P index family does not have any indexes specifically designed for tracking Bitcoin, there are other options available. For example, BYDFi, a digital asset exchange, offers its own benchmark index that tracks the performance of Bitcoin. This index is not part of the S&P family, but it provides a comprehensive view of Bitcoin's performance in the market.