Cryptocurrency Q&A
What is the NASDAQ crypto index (NCI)?
What is the NASDAQ crypto index (NCI)?
EthereumEagle
Tue Jul 16 2024
|
7 answers
1446
Could you elaborate on the NASDAQ crypto index (NCI)? I'm curious to understand its purpose, composition, and how it differs from other crypto indices. Is it weighted by market capitalization or another metric? How often is it rebalanced? Additionally, how does it reflect the overall performance of the cryptocurrency market? Lastly, are there any specific criteria for inclusion in the NCI, and how does NASDAQ ensure the index remains representative of the broader crypto ecosystem?
7 answers
CryptoPioneer
Thu Jul 18 2024
The Nasdaq Crypto Index (NCI) was conceptualized with a view to offer a reliable benchmark for investors interested in the emerging cryptocurrency asset class.
Was this helpful?
69
96
Stefano
Thu Jul 18 2024
The NCI's primary objective is to simplify access to this diverse and evolving asset class by adhering to a set of guiding principles.
Was this helpful?
389
26
Filippo
Thu Jul 18 2024
Chief among these principles is adaptability. The NCI was designed to have the flexibility to adjust its composition over time.
Was this helpful?
80
57
SumoHonorable
Thu Jul 18 2024
This adaptability ensures that the Index remains a representative snapshot of the cryptocurrency asset class as it continues to evolve and grow.
Was this helpful?
383
85
PulseRider
Wed Jul 17 2024
The NCI's adaptability is achieved through a robust methodology that periodically reviews and updates the Index's constituents.
Was this helpful?
246
32
Load 5 more related questions
