Bitcoin and XRP Are Missing From This Key New Crypto Index. Are They Still Worth Buying?
Many of the crypto majors made the cut, but not these two.
Overview
The two of the biggest assets in the crypto sector just got left off a list built by the biggest name in indexing. On July 21, the new S&P Pantera Digital Asset Index went live, and neither Bitcoin (CRYPTO: BTC) nor XRP (CRYPTO: XRP) is among its constituents.
The index ranks blockchains by protocol revenue, which is the fees that networks incur for use. And because S&P is already looking to seed future exchange-traded funds (ETFs) that track the index, being left out could cost those two coins dearly. Are they still worth buying?
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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