New Invstr Crypto Index Opens for Retail Bitcoin Investors, Will Help Track Price Volatility

Invstr, an application used for trading cryptocurrency in retail, has recently revealed the start of its cryptocurrency index. Called the Invstr Crypto Index, it is accessible by all current and new customers of the Invstr App. It was created as a way to assist investors and stakeholders with tracking and predicting the flux in the price of different cryptocurrencies due to their general instability.

Features of the Index

The new index gives stakeholders the opportunity to not only track the wavering price of crypto but also compare its behaviour against all others. Also, the index will not stick to just the currencies alone as it will accommodate other digital items like payment coins, security tokens and utility tokens.

Index Operations

The Invstr Crypto Index will work in isolation and will not assess assets based on their current market value. However, the index will weigh each token or cryptocurrency, based on its own specific instability patterns. The company also plans to re-evaluate all the assets on the index at least once a quarter. New cryptocurrencies will also be included on the index but will only be done when they have developed to a certain level.

According to the CEO of Invstr, Kerim Derhalli,

“Traditional indices measure the impact on the asset class, not an investor’s portfolio. If you are a large fund manager you want to know what impact you will have on the market when you enter or exit an asset class. This is not a relevant consideration for smaller investors who want to know what the impact will be on their portfolios. The Invstr Crypto Index addresses this by using weightings that optimize risk-reward based on the volatility of the constituent assets”.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide