MVIS CryptoCompare Bitcoin Index Licensed to VSFG/Arrano Capital

Today, MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the worldwide leader in digital asset data, announced the licensing of the MVIS CryptoCompare Bitcoin Index (MVBTC) to Arrano Capital, the blockchain arm of Venture Smart Asia Limited, for its recently launched Bitcoin fund. The fund, cryptocurrency press release distribution which tracks the worth of Bitcoin, uniquely features daily subscription and redemptions, offering investors greater simple access, security and liquidity. Available only to institutional and professional investors, the fund aims to bridge the gap between regulated finance and therefore the digital asset industry.

With the inherent complexity and risk of blockchain investment operations, complicating factors like safe custodianship, accurate net asset value reporting, Blockchain Press Release Distribution trade execution and settlement across a mess of cryptocurrency exchanges, often make it prohibitive for institutions to take a position within the asset class themselves.

We are pleased that our Digital Asset Indices still be popular which we are now also the underlying index or Hong Kong’s first regulated cryptocurrency fund.” said Thomas Kettner, director at MV Index Solutions. “This will help to strengthen the status of digital assets as an asset class and fulfils the requirements of institutional investors.”

This licensing is a component of a broader push to bring institutional grade fund products to investors looking to realize exposure to bitcoin and therefore the cryptocurrency asset class. Family offices, endowments, pensions, hedge funds, and other asset managers have an interest during this new asset Bitcoin Press Release Distribution Services class as an inflation hedge or just as an early stage asset class with future growth potential. The asset class has the extra advantage of being uncorrelated with traditional financial assets, which reinforces risk-adjusted returns.

“Our Bitcoin fund targets institutional investors and thus it's important to partner with a recognised index pricing provider.Not only is MVIS extremely well regarded, the corporate has an innovative approach which suits digital assets, combined with the diary to develop indices that are licensed to underlie many exchange traded funds (ETFs).” explains Avaneesh Acquilla , Chief Investment Officer at Arrano Capital.

Charles Hayter, CEO and Co-Founder of CryptoCompare, commented: “We are delighted to figure with our partners to assist bring this institutional-grade product to investors looking to realize exposure to Bitcoin. With the launch of their fully regulated Bitcoin fund, VSFG and Arrano Capital will help further the adoption of digital assets that fulfil the requirements of institutional investors.”

MVIS CryptoCompare Bitcoin Index (MVBTC) launched on 23 October 2017 may be a rules based index,intended to offer investors a way of tracking the performance of a Bitcoin digital asset. Detailed information about the MVIS CryptoCompare Bitcoin Index (MVBTC)including methodology details and index data are available on the MV Index Solutions website.

MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS Indices, a variety of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets ICO Press Release Distribution service and are licensed to function underlying indices for financial products. Approximately USD 15.69 billion in assets under management (as of 15 July 2020) are currently invested in financial products supported MVIS Indices. MVIS may be a VanEck company.

CryptoCompareis the worldwide leader in digital asset data. Institutional and retail investors believe the corporate for real-time, top quality data spanning 3,200+ coins and 150,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.

Arrano Capital is that the blockchain arm of Venture Smart Asia Limited (VSAL), which may be a company incorporated in Hong Kong and whose registered office is at 23/F, Lee Garden Five,18 Hysan Avenue, Causeway Bay, Hong Kong, and may be a licensed corporation regulated by the Securities and Futures Commission of Hong Kong for types 1 (dealing insecurities), 4 (advising on securities) and 9 (asset management) regulated activities pursuant to the Securities Cheap Press Release Distribution Services and Futures Ordinance. VSAL may be a member of Venture Smart Financial Group (VSFG). The products mentioned above are available to Professional Investors only (as defined under the Securities and Futures Ordinance).

CryptoCompare, the worldwide leader in digital asset data, today announced an update to its cryptocurrency Exchange Benchmark, revealing a replacement ranking of exchanges supported several criteria including counterparty, operational, trading and security risk. The Benchmark ranks quite 165 global spot exchanges to bring transparency and accountability to the cryptoasset exchange landscape by providing a framework for assessing risk. The Benchmark assigns a AA - F grade to assist identify rock bottom risk venues within the industry. 

The analysis reveals that US exchanges retain the highest spots, with Gemini ranked first. Gemini is followed by Coinbase (2), Kraken (3), itBit (4) and Bitstamp (5).‍

Key findings

Lower-Tier exchanges (grades C-E) have continued to lose market share to Top-Tier exchanges (grades AA-B), quarter on quarter. Top-Tier exchanges (grades AA-B) accounted for 32% of worldwide volumes in Q4 2019. In 2020, they accounted for 36% in Q1 and 40% in Q2.

The top three decentralised exchanges (DEXs) supported our refined DEX methodology are Binance DEX, Switcheo, and IDEX.

38% of exchanges were found to interact with high risk entities for quite 25% of transactions, consistent with CipherTrace’s Interaction Risk data. 

4% of exchanges are hacked within the last year. 

Only 15% of exchanges state that they hold quite 95% of crypto in cold wallets.

Tyler Winklevoss, CEO of Gemini said: "Gemini provides retail and institutional investors with an easy , elegant, and safe thanks to buy, sell and store cryptocurrency. From the start , we've created high-integrity Cheap Press Release Distribution Site products that revolve around compliance, regulation and security. We are excited to be independently recognized because the top exchange for delivering a trusted experience to customers.”

Charles Hayter, Co-Founder and CEO of CryptoCompare, commented: “As the digital asset industry evolves and expands, the necessity for reliable metrics to guage the growing list of cryptocurrency exchanges is paramount. Our Exchange Benchmark aims to supply this transparency by evaluating exchanges employing a clear methodology to assess risk. Our updated Benchmark builds upon our trusted methodology to raised inform decision-making for market participants.” 

“Accurate and insightful rankings are a key data set for investors in any healthy market and that we are pleased to support the CryptoCompare Exchange Benchmark with the FCAS scoring system . We encourage any initiative that fosters transparency and helps investors navigate the digital asset markets”, said Dave Balter, CEO at Flipside Crypto.

CryptoCompare launched the Exchange Benchmark in June 2019 to guage global cryptocurrency exchanges. Initially ranking over 100 exchanges, it now includes analysis Free Press Release Distribution Website of quite 165 crypto exchanges globally. It employs a qualitative (due diligence) and quantitative (market quality, supported order book and trade data) approach and uses correlation of volume to volatility and variance of volume as inputs to the analysis. The Exchange Benchmark doesn't believe aggregate volume data in its analysis thanks to concerns over volume manipulation, wash trading and trading incentives.

The ranking components include: legal/regulatory; data provision; security; team/exchange; market quality; KYC/transaction risk; asset quality/diversity and a penalty factor for negative events. Analysis is predicated on public information and detailed methodology is formed freely available, underscoring CryptoCompare’s commitment to bringing greater transparency and improved decision-making to the cryptocurrency marketplace.

The Full Report are often Found Here

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About CryptoCompare

CryptoCompare is that the global leader in digital asset data. Institutional and retail investors believe the corporate for real-time, top quality data spanning 3,200+ coins and 150,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.

CryptoCompare is pleased to announce that the MVIS CryptoCompare Institutional Bitcoin Index has been licensed to 3iQ Corp for The Bitcoin Fund (Ticker: QBTC.u on the Toronto Stock Exchange). The exchange listing will happen on Thursday April 9th.

The MVIS CryptoCompare Institutional Bitcoin Index may be a rules-based index, intended to offer investors a way of tracking the performance of Bitcoin on selected top tier exchanges. These exchanges include Binance, Bitflyer, Bitstamp, Coinbase, Gemini, itBit and Kraken.

Thomas Kettner, director at MV Index Solutions said:

We are pleased that our Digital Assets Indices still be popular which we are now also the underlying index of a publicly listed investment fund in Canada. this may help to strengthen the status of digital assets as an asset class.

We are delighted to ascertain our Institutional Bitcoin Index used because the underlying index for The Bitcoin Fund. We believe that our robust Digital Asset Indices will still service the growing demand for regulated digital asset investment products.

About CryptoCompare:

‍Founded in 2014, CryptoCompare is that the world’s leading digital asset market data company, providing data products and services that cater to corporate, government and retail clients. CryptoCompare provides real-time, top quality data spanning 3,200+ coins and 150,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.

About MV Index Solution:

‍MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS Indices, a variety of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. MVIS Indices cover several asset classes, including equity, fixed income markets and digital assets and are licensed to function underlying indices for financial products. Approximately USD 10.73 billion in assets under management are currently invested in financial products supported MVIS Indices. MVIS may be a VanEck company. 

CryptoCompare, the worldwide leader in digital asset data, today announced an update to its cryptocurrency Exchange Benchmark for Q4 2019, revealing the highest exchanges supported several criteria including counterparty, operational, trading and security risk. The Benchmark ranks over 160 active spot exchanges globally to bring transparency and accountability to the cryptoasset exchange landscape by providing a framework for assessing risk. A grade is assigned to every exchange to assist identify rock bottom risk exchanges within the industry. 

The analysis reveals a shift within the top five exchanges with itBit, the US and Japanese regulated exchange, taking the amount 1 spot for the primary time. it's followed by Gemini (2), Coinbase (3), Kraken (4), Bitstamp (5), Liquid (6), Bitfinex (7), OKEx (8), bitFlyer (9), and OKCoin (10). 

CryptoCompare’s Exchange Benchmark plays a crucial role in providing institutional and retail investors with a secure, trusted marketplace. We encourage all initiatives that help to foster best practices among trading venues during this fast-growing industry, said Gabor Gurbacs, Director, Digital Asset Strategy at VanEck.

Charles Hayter, Co-Founder and CEO of CryptoCompare, commented: The industry needs reliable metrics to guage the vast number of cryptocurrency exchanges globally and that we are extremely pleased with the response to our analysis since launch last year. Our cryptocurrency Exchange Benchmark aims to supply this transparency by assessing exchanges employing a clear methodology to assess risk. The result's clear data on which exchanges are managing multiple risks within the best manner, improving decision-making for market participants.

Key findings from the Q4 Exchange Benchmark include:

Top-tier exchanges (grades AA-B) accounted for 27% of worldwide volumes, down from 33% in Q3.

Lower-tier exchanges (grades C-E) accounted for 73%, up from 67% in Q3.

3% of exchanges are hacked within the last year.

Only 16% of exchanges use an external on-chain transaction monitoring provider.

Only 4% of exchanges formally offer some sort of cryptocurrency insurance.

Only 30% of exchanges are registered as an MSB or possess a crypto exchange license.

Only 16% of exchanges state they hold quite 95% of crypto in cold wallets.

Only 7% of exchanges offer a full level 3 order book via REST or WebSocket connection.

33% of exchanges now offer margin trading.

9% of exchanges use a 3rd party custody provider to store user assets, up from 8% in Q3.

CryptoCompare launched the Exchange Benchmark in June 2019 to guage cryptocurrency exchanges globally. Initially ranking over 100 exchanges, it now includes analysis of quite 165 crypto exchanges globally. It employs a qualitative (due diligence) and quantitative (market quality supported order book and trade data) approach and uses correlation-of-volume-to-volatility and standard-deviation-of-volume as inputs to the analysis. The Exchange Benchmark doesn't believe aggregate volume data in its analysis thanks to concerns over volume manipulation, wash trading and trading incentives.

The ranking components include: geography; legal/regulatory; investment; team/company; data provision; trade surveillance; market quality and a penalty factor for negative events. Analysis is predicated on public information and detailed methodology is formed freely available, underscoring CryptoCompare’s commitment to bringing greater transparency and improved decision-making to the cryptocurrency marketplace.

About CryptoCompare

CryptoCompare is that the global leader in digital asset data. Institutional and retail investors believe the corporate for real-time, top quality data spanning 3,200+ coins and 150,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.

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