PHOENIX, Aug. 11, 2021 /PRNewswire/ — IDX Digital Assets, a quantitative asset manager in the crypto and digital asset space, announces the launch of a family of risk-managed trusts for the crypto-assets space. The IDX Risk-Managed Bitcoin Trust and the IDX Risk-Managed Ethereum Trust are the first ever investment trusts designed to provide a risk-managed exposure to crypto assets with the ability to go 100% to cash.
Investors and advisors are expressing a strong appetite for crypto exposure, but desire a risk-managed approach.
“The excitement around the rapid development of blockchain technologies, mixed with the realization of accommodative monetary stimulus policies, increasing geo-political tensions, and materializing concerns over inflation growth, all have investors seeking exposure to asset classes such as digital assets. Specifically, investors and advisors are expressing a strong appetite for digital assets exposure, but desire a risk-managed approach that focuses on mitigating the inherent volatility and drawdowns common to the emerging asset class; this is what IDX seeks to provide,” says Andrew Swan, co-founder and CEO of IDX.
IDX also launched the first ever Risk-Managed Crypto Indices priced by S&P Dow Jones in June 2021. These indices are the IDX Risk-Managed Bitcoin Index and the IDX Risk-Managed Ethereum Index, respectively. IDX is also scheduled to launch the first ever risk-weighted DeFi index with S&P in August 2021.
Ben McMillan, co-founder and CIO of IDX said, “We’ve had a great relationship with S&P Dow Jones Indices over the years and are thrilled to be their first client to use them to calculate our risk-managed crypto indices. Particularly as this asset class gains further adoption, we continue to see increased demand for risk-managed solutions to this space. S&P Dow Jones’ ability to provide real-time calculation of our indices provides a huge leap forward in our ability to deliver products in this space.”
The suite of IDX Risk-Managed Digital Asset Trusts can be found here at their website:
https://idxdigitalassets.com/all-solutions/
The IDX Risk-Managed Bitcoin Index can be found at
https://www.spglobal.com/spdji/en/custom-indices/idx-insights/idx-risk-managed-bitcoin-index/#overview
The IDX Risk-Managed Ethereum Index can be found at
https://www.spglobal.com/spdji/en/custom-indices/idx-insights/idx-risk-managed-ethereum-index/#overview
The IDX Risk-Managed Largecap Crytpo Index can be found at
https://www.spglobal.com/spdji/en/custom-indices/idx-insights/idx-risk-managed-largecap-crypto-index/#overview
About IDX Insights, LLC
IDX Insights is a research firm focused on developing innovative index solutions across the alternative landscape. Learn more about our unique Indexing as a Service (“IaaS”) at idxinsights.com/indexing-as-a-service-iaas/. Learn more about our digital asset trusts at idxdigitalassets.com. IDX Insights does not offer or provide investment advice or offer or sell any securities, commodities, or derivative instruments or products. The IDX Insights, LLC corporate name and all related logos are the exclusive intellectual property of IDX Insights, LLC.
About S&P Dow Jones Indices S&P
Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global, which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
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SOURCE IDX Digital Assets