Coinshares, a digital asset management company, has introduced a new index that tracks the performance of various crypto currencies and gold. CoinShares Gold and Cryptoassets Index (CGCI) is the name of the index, which consists of 31.75% crypto currencies and 68.25% gold.
More detailed information about the CGCI can best be found directly on the official website: https://coinshares.com/investment-products/index-strategies
Even more detailed information can be found in the index white paper, which can be found here:
https://coinshares.com/assets/index-strategies/koutsouri-poli-alfieri-petch-distaso-knottenbelt-marble-2019.pdf
To answer the question "why all this?", at least in part, the following quotation is given here:
CGCI tries to build on existing crypto indices by applying modern portfolio theory. The aim is to create a diversified fund by countering the volatility of crypto-currencies with gold, a low-risk asset.
The development of the CGCI has been ongoing for some time. Almost two years ago, research is said to have begun for the players Imperial College Longon and CoinShares, who now, with the introduction of the new index, are seeking to test some of their hypotheses.
I do not want to give my own opinion on this matter, I do not know enough about these waters. Let everyone judge for themselves.
Here once again the sources are shown:
https://krypto-guru.de/news/gold-und-bitcoin-neuer-index/
https://coinshares.com/investment-products/index-strategies
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