Stockholm, 14 December 2021 - Vinter, the fastest growing crypto index provider in Europe, announces the launch of the crypto asset index ALTS, providing investors with diversified exposure to a basket of mid-cap crypto assets such as ADA, SOL, and BNB. The index will be underlying financial products as of today.
The Vinter 21Shares Crypto Mid-Cap Index ("ALTS") is a passive index capturing the mid-cap portion of the crypto asset market. The index offers diversified exposure to the largest crypto assets but excludes the number one and two ranked crypto assets by market capitalization, resulting in a substantially larger weight in the remaining eight constituents.
Jacob Lindberg, CEO and Co-Founder of Vinter said: “Due to the high market concentration of BTC and ETC, the performance contribution of alternative crypto assets is rather small. The Vinter 21Shares Crypto Mid-Cap Index is different. The index selects the top ten crypto assets and then removes the top two - currently BTC and ETH. Investors are provided with diversified exposure to mid-cap crypto assets, or alt-coins. Today, the index includes assets like BNB, ADA, and SOL, which outperformed BTC and ETH this year”
Hany Rashwan, CEO and Co-Founder of 21Shares said: “We are very excited to launch our first mid-cap crypto index ETP and expand our product range to 21 total ETPs by the end of 2021. This is an important milestone in our product roadmap, following the launch of the world's first crypto ETP on the regulated SIX exchange in Switzerland in 2018.”
Media relations
Vinter | Marco Poblete | press@vinter.co | +46 76 276 92 90
About Vinter
Vinter is Europe’s fastest-growing index provider specialized in crypto assets, playing a pivotal role in the emerging crypto ETF industry. The firm collects digital asset data from hundreds of sources, transforming proprietary strategies into investable products. For more information, please visit www.vinter.co.
Disclaimer
Vinter is not a registered investment or tax advisor or a broker/dealer. The content of this document is intended only to provide general and preliminary information and shall not be construed as investment, tax, legal or financial advice. The reader shall ensure that all of their investment decisions are not made based on the content of this document and shall be solely responsible for all financial losses made in connection with investment decisions. Nothing contained in this document constitutes a solicitation, recommendation, endorsement, or offer by Vinter or any third party associated with Vinter to buy or sell any financial instruments in this or any other jurisdiction. Although best efforts are made to ensure that all information on this document is accurate and up to date, unintended errors and misprints may occur occasionally. Invierno AB (559207-4172) is the legal name of Vinter. It is a registered Benchmark Administrator by Finansinspektionen (FI) and the European Securities and Markets Authority (ESMA) under Article 34 of the European Benchmarks Regulation (2016/1011). Various intellectual property rights protect Vinter and its indexes. All third-party use of Vinter and its indexes require by law a licensing agreement with Vinter.
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