Invstr Launched its Proprietary Crypto Index

Invstr Launched its Proprietary Crypto Index

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company.

The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. 
It comprises 18 cryptocurrencies with their weights being calculated by the market volatility of each crypto.

The index will be adjusted quarterly by experts and index managers who will add new and stable crypto assets, and at the same time, remove suspended or distorted cryptocurrencies. They will also rebalance the index every three months.

“Retail investors want to know whether they should be invested in cryptocurrencies and what the impact of that investment will be on their portfolios,” rather than what impact you will have on the market when entering or exiting as a large funds manager wants to know.  Invstr CEO Kerin Derhalli said. “The Invstr Crypto Index addresses this by using weightings that optimise risk-reward based on the volatility of the constituent assets”.

Invstr index is made up of Bitcoin, Bitcoin Cash, Bitcoin Gold, EOS, Dash, Ethereum, Ethereum Classic, IOTA, Litecoin, Neo, Monero, NEM, OmiseGo, Qtum, Ripple, TenX, Verge, and Zcash.

Invstr is partnered with United States regulated member of FINRA/SIPC broker DriveWealth, so the company is covered on the purpose of US-traded securities exchange with fractional trading.

Register for Latest Updates & News

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

Cryptocurrency,Investment,Technology

Haru Invest – the Ideal Platform to Get in Touch with Crypto

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

22 March, 2022
Cryptocurrency,Investment,Technology

XBE Community Launches a $500k Bug Bounty

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

28 December, 2021
Cryptocurrency,Investment,Technology

11 Biggest Sponsorships Deals for the Crypto Market in 2022

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

1 December, 2021
Cryptocurrency,Investment,Technology

ChangeNOW Unveils a New Cashback Feature

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

15 November, 2021
Cryptocurrency,Investment,Technology

Celsius Casino is Raising the Temperatures with a Voluminous Game Lobby

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

9 November, 2021
Cryptocurrency,Investment,Technology

ChangeNOW Has Announced the Release of its Own Digital Wallet

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

29 October, 2021
Cryptocurrency,Investment,Technology

BitPanda Enhances Its BEST Rewards Programme

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

25 October, 2021
Cryptocurrency,Investment,Technology

ChangeNOW’s AML Action Lead To The Return Of $15M COMP

London-based investing app Invstr announced a new cryptocurrency index that includes a range of digital assets, utility and payments tokens, according to a press release published by the company. The index will be available for free to Invstr app users who will be able to compare index performance with specific cryptocurrencies. It comprises 18 cryptocurrencies with […]

6 October, 2021