Results of the ixCrypto Index Quarterly Review (2022 Q3)
- Written by Media Outreach
IMG { cursor: pointer } HONG KONG SAR - Media OutReach - 7 October 2022 - Today, IX Asia Indexes Company Limited ("IX Asia Indexes") announced the 2022 3rd quarter review of the ixCrypto Index ("IXCI") with results of the constituent review and exchange review as follows: Constituent Review The number of constituent cryptos will be increased from the current 29 to 33 constituents: Additions
- Shiba Inu
- Chainlink
- ApeCoin
- Decentraland
- The Sandbox
- Axie Infinity
- Klaytn
- Fantom
- Binance
- Biconomy
- BitMart
- Coinbase Exchange
- FTX
- FMFW.io
- HitBTC
- OKX
- Upbit
- XT.com
Appendix 1ixCrypto Index ("IXCI")
Appendix 2Weightings of the Constituents of ixCrypto Index | 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 Q4 2022 |
| 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%, or a 40%/ 30%/ 20% step cap under extreme conditions |
| Currency | US Dollar |
| Dissemination | Every 5 seconds for 7x24 |
| Website | https://ix-index.com/ |
| Crypto | 90-day-average-volume * | 90-day-average- Market Cap | Cummulative Market Coverage before Cap | Weighting (%) After 40% Cap | |
| 1 | Bitcoin | $31,892,271,879 | $407,207,658,635 | 40.46% | 40.00% |
| 2 | Ethereum | $17,261,367,145 | $185,644,000,662 | 58.90% | 32.67% |
| 3 | XRP | $1,495,545,443 | $17,854,117,145 | 60.68% | 4.83% |
| 4 | Cardano | $782,712,123 | $16,326,263,583 | 62.30% | 2.99% |
| 5 | Solana | $1,145,294,294 | $12,810,792,277 | 63.57% | 2.40% |
| 6 | Dogecoin | $449,720,044 | $8,750,276,721 | 64.44% | 1.61% |
| 7 | Polkadot | $429,079,391 | $7,953,411,263 | 65.23% | 1.45% |
| 8 | Polygon | $620,881,580 | $6,689,925,871 | 65.89% | 1.33% |
| 9 | Shiba Inu | $505,924,279 | $6,566,214,365 | 66.55% | 1.22% |
| 10 | Avalanche... |
Read more: Results of the ixCrypto Index Quarterly Review (2022 Q3)