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Grayscale taps Bloomberg for Future of Finance Index launch amid ETF push

Grayscale Investments, the world’s largest crypto asset manager, and Bloomberg have partnered to launch a new digital assets-based index. Dubbed the Bloomberg Grayscale Future of Finance Index (BGFOF), it tracks 22 companies associated with several crypto-linked equities as well other firms in the broader fintech space, according to a press statement released Wednesday. The index will, however, not directly invest in digital assets or their derivatives but will offer indirect exposure to crypto-linked equities. These crypto-linked equities will be rebalanced …

Ritholtz Wealth Management and WisdomTree launch new crypto index

New York-based investment advisor Ritholtz Wealth Management and exchange-traded fund and asset manager WisdomTree investments are jointly launching a crypto index fund.  Dubbed the RWM WisdomTree Crypto Index, the new index consists of 36% Bitcoin, 20% Ethereum and 4% of 11 other crypto-related assets in a separately managed account, according to a company release. The index also gives investors exposure to decentralized finance and the metaverse, such as through SushiSwap and Decentraland, in addition to layer-2 protocols and oracles. The …