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The arrival of the quality label for cryptocurrencies

Stoxx, a well-established index provider, is seeking to identify the top ten crypto projects beyond Bitcoin. They have created a new index that is available as a listed product on Deutsche Börse. While many investors are familiar with Bitcoin and Ether, there are thousands of small and medium-sized coins available for investment, with only a few dozen likely to remain relevant in the long term.

Stoxx has partnered with Bitcoin Suisse and Valour to create a blue-chip index for crypto assets, similar to well-known stock indices like the SMI or DAX. This index aims to filter out the ten most important tokens from the vast array of blockchain projects. The launch of Stoxx’s digital asset blue-chip index marks a significant step in making crypto investments more accessible and trustworthy for a wider range of investors.

The growing interest in alternative investments, including digital assets, has led to the creation of various crypto indices and listed products by providers like Amina, Sygnum, and 21Shares. However, Stoxx’s entry into the crypto world is likely to bring greater credibility and trust among institutional investors due to its rigorous criteria for inclusion in its digital asset blue-chip index.

The criteria for inclusion in Stoxx’s digital asset blue-chip index are stringent and focus on factors beyond just market capitalization. The index includes projects that have proven themselves and are expected to remain relevant in the future, outperforming traditional assets like Bitcoin and Ether in recent years. By filtering out the top projects based on strict criteria, investors can avoid the volatility and uncertainty associated with smaller tokens.

In conclusion, Stoxx’s entry into the crypto world marks a significant step towards making cryptocurrency investments more accessible and trustworthy for institutional investors through its rigorous blue-chip index criteria that go beyond market capitalization. The launch of this exchange-traded product on Deutsche Börse provides an easy way for investors to invest in the top crypto assets while avoiding riskier smaller tokens associated with volatility in this ever-changing world of cryptocurrencies.

By Samantha Jones

As a dedicated content writer at newsaca.com, I bring a unique blend of creativity and precision to my work. With a passion for storytelling and a keen eye for detail, I strive to craft engaging and informative articles that captivate our readers. From breaking news to thought-provoking features, I am committed to delivering content that resonates with our audience and keeps them coming back for more. Join me on this exciting journey as we explore the ever-evolving world of news and information together.

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