Leading Index Provider S&P Dow Jones Launches New Digital Market Indexes

S&P Dow Jones Indices, a division of S&P Global is bringing crypto to Wall Street.

Announcing three new indices that will measure the performance of the underlying assets: S&P Bitcoin Index(bitcoin), S&P Ethereum Index  (Ethereum) and S&P Crypto Mega Cap Index(Bitcoin and Ethereum digital assets).

The indexes will use data provided by crypto software and data provider company Lukka.

Peter Roffman, Global Head of Innovation and Strategy at S&P Dow Jones Indices states,

“Traditional financial markets and digital assets are no longer mutually exclusive markets. “As cryptocurrency becomes more mainstream, investors now have access to reliable and transparent benchmarks backed by institutional quality pricing data. We look forward to further expanding our new family of Digital Market Indices and bringing much needed transparency to this exciting market.”

#SmartCrypto