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HONG KONG SAR - Media OutReach Newswire - 12 April 2024 - Today, IX Asia Indexes announced the 2024 1st quarter review of ixCrypto Index ("IXCI"), ixCrypto Portfolio Indexes and ixCrypto Stablecoin Index (IXSCI). The constituent changes will be effective on 19th April, 2024 (Friday). The results of the constituent review and exchange review are as follows:

1. Constituent Review – ixCrypto Index Series

1.1 ixCrypto Index The number of constituents cryptos will decrease to 23 constituents with 2 additions and 4 deletions.

Additions

  1. Toncoin
  2. Internet Computer
Deletions
  1. Monero
  2. Hedera
  3. Lido DAO
  4. VeChain
After the change, the free float adjusted market capitalization coverage is 80.94%*, while the 90-day-average volume is 73.25%* (excluding stable coin which has 6.48% market capitalization coverage). The constituents change above and recapping at 40% will be effective on 19 April 2024 (Friday).

Since the last review, there has been an increase in the crypto total market capitalization from USD1.37tn to USD2.03tn (+48.05%)#, and an increase in the daily volume from USD52bn to USD89bn(+70.97%)#. Bitcoin remains as the largest crypto in the constituent list, with its price has gone up by 65.20% since the last review.

1.2 ixCrypto Portfolio Indexes There's no constituent change to ixCrypto 5 EW Index ("IXEW5") and ixCrypto 5 SR Index ("IXSR5").

Addition No addition

Deletion No deletion

The following constituent changes will be made to ixCrypto 10 EW Index ("IXEW10") and ixCrypto 10 SR Index ("IXSR10").

Addition

  1. Polkadot
Deletion
  1. Polygon
There's no constituent change to ixCrypto Altcoin 10 EW Index ("IXAEW5") and ixCrypto Altcoin 10 SR Index ("IXASR10").

Addition No addition

Deletion No deletion

1.3 ixCrypto Stablecoin Index The number of constituent cryptos will decrease to 3 with no additions and 2 deletions. Stablecoin comprises 6.64% of the total crypto universe, and ixCrypto Stablecoin Index covers around 97.48% of the 90-day average market capitalization in stablecoin universe.

Addition No addition

Deletions 1. True USD 2. BUSD

2. Exchange Review As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:

Selected Exchanges

  1. Binance
  2. Upbit
  3. Bitrue
  4. DigiFinex
  5. Coinbase Exchange
  6. Huobi Global
  7. OKX
  8. P2PB2B (New)
  9. Gate.io (New)
  10. BitMart
For more details about our exchange selection criteria, please email [email protected]

More details about the ixCrypto index, including their constituents, constituents' weight are provided in the Appendices, or refer to the website https://ix-index.com/

*Exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020)

#As of 31 March 2024, based on past 90 days average

Appendix 1

ixCrypto Index ("IXCI")

Universe All crypto coins traded in at least two different exchanges around the world
Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization ("MC") coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents Variable/23 in Q1 2024
Launch Date 12th December 2018
Base Date 3rd December 2018
Base Value 1,000
Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule
Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40%
Currency US Dollar
Dissemination Every 5 seconds for 24x7
Website https://ix-index.com/
Appendix 2

Weightings of the Constituents of ixCrypto Index

Crypto 90-day-average- Market Cap 90-day-average-volume * Cut-off Price Cumulative Market Coverage before Cap Weighting (%) After 40% Cap#
1 Bitcoin $1,369,892,136,469 $17,130,241,883 $69,645.31 51.63% 40.00%
2 Ethereum $421,201,618,786 $9,389,066,783 $3,507.94 68.87% 33.16%
3 Solana $86,381,585,800 $2,999,311,846 $194.39 71.52% 6.80%
4 XRP $34,165,159,479 $1,042,947,263 $0.62 73.07% 2.69%
5 Cardano $22,931,580,978 $401,576,882 $0.64 74.11% 1.81%
6 Dogecoin $28,652,694,245 $2,403,795,719 $0.20 74.90% 2.26%
7 Avalanche $20,003,992,981 $370,817,943 $53.00 75.65% 1.58%
8 TRON $10,756,642,376 $236,560,785 $0.12 76.18% 0.85%
9 Polkadot $13,470,870,728 $173,787,689 $9.43 76.71% 1.06%
10 Chainlink $11,121,452,631 $299,629,003 $18.94 77.22% 0.88%
11 Shiba Inu $17,597,376,638 $712,109,187 $0.00 77.69% 1.39%
12 Toncoin $18,244,778,890 $178,324,742 $5.26 78.15% 1.44%
13 Polygon $9,713,655,454 $280,872,821 $0.98 78.60% 0.76%
14 Bitcoin Cash $11,753,575,672 $648,865,139 $597.11 78.91% 0.93%
15 Internet Computer $8,260,958,843 $240,356,456 $17.90 79.21% 0.65%
16 Litecoin $7,650,079,353 $729,886,796 $102.86 79.49% 0.60%
17 Uniswap $7,554,174,607 $120,951,795 $12.62 79.76% 0.59%
18 NEAR Protocol $7,312,370,081 $267,604,886 $6.94 79.98% 0.58%
19 Cosmos $4,796,249,922 $163,542,832 $12.27 80.18% 0.38%
20 Ethereum Classic $4,817,832,809 $229,532,049 $32.93 80.38% 0.38%
21 Aptos $6,606,298,820 $210,896,475 $16.63 80.58% 0.52%
22 Filecoin $5,005,364,209 $289,518,374 $9.44 80.76% 0.39%
23 Stellar $4,012,959,227 $91,989,525 $0.14 80.94% 0.30%
As of 31 March 2024 * 90-day-average-volume ranking in total market is shown in the parentheses # Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap Selection of index constituents is based on the past 90-day-average market capitalization and volume. For the calculation methodology of the index, please refer to the "ixCrypto Index Methodology Paper" on our website.

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Index Constituents ixCrypto 5 EW Index ixCrypto 5 SR Index ixCrypto 10 EW Index ixCrypto 10 SR Index ixCrypto Altcoin 10 EW Index ixCrypto Altcoin 10 SR Index
1 Bitcoin 20% 47.78% 10.00% 37.93% - -
2 Ethereum 20% 26.49% 10.00% 21.03% 10.00% 32.23%
3 Solana 20% 12.00% 10.00% 9.53% 10.00% 14.60%
4 XRP 20% 7.55% 10.00% 5.99% 10.00% 9.18%
5 Cardano 20% 6.18% 10.00% 4.91% 10.00% 7.52%
6 Dogecoin - - 10.00% 5.49% 10.00% 8.41%
7 Avalanche - - 10.00% 4.58% 10.00% 7.02%
8 TRON - - 10.00% 3.36% 10.00% 5.15%
9 Polkadot - - 10.00% 3.76% 10.00% 5.76%
10 Chainlink - - 10.00% 3.42% 10.00% 5.24%
11 Polygon - - - - 10.00% 4.89%
Appendix 4

Weightings of the Constituents of ixCrypto Stablecoin Indexes

Crypto 90-day-average- Market Cap 90-day-average- volume Cut-off Price Cumulative Market Coverage before Cap Weighting (%) After 40% Cap
1 Tether

USDt

$98,057,424,593 $64,125,609,077 $1.00 4.83% 40.00%
2 USDC $28,053,479,547 $7,215,847,406 $1.00 6.21% 40.00%
3 Dai $5,347,919,100 $318,999,728 $1.00 6.48% 20.00%
Appendix 5

ixCrypto Indexes Dissemination Real time indexes are disseminated every 5-second interval for 24x7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers "IXCI", "IXBI" and "IXEI", with dissemination interval kept at 15-second unchanged.

The vendor tickers are shown below:

Index Name Bloomberg Ticker Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .IXEI1
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes

For data licensing and product, please contact us at [email protected].

For free API use on academic research or trial, please contact [email protected]

Hashtag: #IXCapitalInternational

The issuer is solely responsible for the content of this announcement.

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