what's CoinDesk 20 Index?
The CoinDesk 20 Index (CD20) is a broad-based benchmark capturing the performance of the top 20 digital assets in the cryptocurrency market, excluding stablecoins and memecoins. It is constructed using the Digital Asset Classification Standard (DACS) from the CoinDesk Market Index universe, with selection criteria focused on liquidity, active exchange trading, and scalability for institutional products. Assets are weighted by market capitalization with caps applied, and the index is recalculated every five seconds for real-time tracking.
ARK Invest filed S-1 applications for two ETFs tracking the CoinDesk 20 Index, one excluding Bitcoin.
Multi-token futures contracts based on the CoinDesk 20 Index are being launched by ICE Futures US.
ARK Invest files S-1 applications for two ETFs tracking the CoinDesk 20 Index: one tracking the full index and one excluding Bitcoin.
CoinDesk reports CD20 experienced muted returns over the past 365 days in a market analysis comparing it with BTC, ETH, and XRP.