Own the market cap growth of digital assets
Fund weightings
Digital store of value
The global macro picture is bleak, with coordinated central bank monetary stimulus, significant corporate debt defaults looming, and continued uncertainty surrounding the COVID-19 pandemic pushing investors to inflation hedging assets (e.g. gold prices up 41% since the start of 2018).
Source: Galaxy Digital Research
Galaxy Crypto Index Fund
The Bloomberg Galaxy Crypto Index (BGCI) is a benchmark designed to measure the performance of the largest cryptocurrencies traded in USD. The Index is maintained by Bloomberg and co-branded with Galaxy Digital Capital Management.
Key features
Pricing sources assessed for risk and suitability.
Rebalanced and reconstituted monthly.
Rules-based methodology.
Leverages strengths of Bloomberg LP – data, pricing, analytics, distribution, and research.
Guiding principles
Data Integrity: pricing sources selected for liquidity and reliability.
Diversification: no protocol can exceed 35% or be less than 1% of portfolio capitalization.
Representative: provides proxy for broader market.
Continuity: intended to respond to changing nature of market in manner that does not completely reshape character of the data set from year to year.
Selection of assets
Listed as a top 25 coin by market capitalization.
Cannot be an exchange token, stable coin, privacy token, wrapped token, or meme coin.
Priced by Digital Asset Research, Inc. (DAR) or trades on a minimum of two Bloomberg-approved pricing sources.
Trades in USD.
Asset must meet above eligibility for three consecutive monthly rebalances.
Maximum constituents limited to top twelve by market capitalization.
Hard forks considered with same criteria as existing assets.