A programmatic approach to cryptocurrency exposure

The CoVenture Crypto Index (CCI™) is a rules-based approach with the objective of providing exposure to cryptocurrencies. The CCI™ holds 15 cryptocurrencies, weighted by market capitalization and rebalances twice a month. The CCI™ is structured to support traditional investment vehicles that provide the ability to invest, trade and hold across multiple account types (IRAs, trusts, etc).

CCITM

Value as of 09-30-2019 (approx.)

6308

The graph provided herein is for informational purposes only. This graph cannot be used to make investment decisions. No representation is made that this will assist any person in making any investment decisions and no graph, chart or other visual aid can capture all factors and variables required in making such decisions. See full disclaimers here.

Goal

The CCI™ aims to represent the overall cryptocurrency market’s performance by tracking all protocols and tokens that meet robust security and liquidity criteria.

Methodology

The CCI™ selects the top 15 cryptocurrencies and holds them in proportion to market capitalization. The CCI™ periodically adjusts the number of constituents in order to maintain accurate representation.

Eligibility Criteria

The CCI™ follows a strict set of rules to protect investors against counter-party risk, liquidity risk and operational risk.

  • Legitimacy: Actively traded for 6 months on the largest global exchanges
  • Liquidity: Must meet specific trade volume requirements in order to target prudent liquidity
  • Anti-gaming: Exclude cryptocurrencies that temporarily gain but fail to hold onto their market capitalization rankings
  • Free Floating Price: Not pegged to any fiat or asset
  • Hard Forks: Monitored in isolation until fully validated before being considered for reinvestment into the index

Investment Advisory Committee

The CCI™ is evaluated and studied on an ongoing basis, and the Investment Advisory Committee meets regularly to optimize the efficient, timely and accurate representation of the underlying exposures.

Composition