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CoinDesk 80 Index: Expanding Digital Asset Horizons

In a significant advancement for the digital asset space, CoinDesk Indices has unveiled the highly anticipated CoinDesk 80 Index. Launched in January 2025, this index aims to capture the performance of the next 80 major digital assets, building upon the foundation established by the CoinDesk 20 Index. As the world of digital assets continues to evolve and expand, the demand for diverse investment options is greater than ever.

The Motivation Behind the CoinDesk 80

The surge of institutional interest in cryptocurrencies has led to an increased need for innovative products that offer broad exposure to more than just market leaders like Bitcoin and Ethereum. Since launching the CoinDesk 20 Index in 2024, which has successfully driven over $12 billion in trading volume, the industry has been yearning for the next tier of assets that are equally liquid and promising.

CoinDesk 80 Index is specifically designed to cater to these demands for liquidity and diversity in the digital asset market. By allowing investors to consider a wider range of alternatives, it enables them to better manage their risk. This is especially pertinent as digital currencies become an established element in global financial ecosystems.

Key Features of the CoinDesk 80 Index

1. Liquidity-Focused

The CoinDesk 80 Index emphasizes assets characterized by high liquidity and significant market capitalization. This makes it a practical choice for institutional traders looking to navigate the increasingly complex market of digital assets.

2. Minimal Exclusions

Unlike other indices which might leave out certain asset types, the CoinDesk 80 Index minimizes exclusions and accepts stablecoins, wrapped tokens, pegged assets, staked options, and gas tokens. This inclusive approach broadens the range of digital assets tracked by the index.

3. Comprehensive Liquidity Screening

The selection process involves thorough liquidity screening, evaluating trading pairs across leading exchanges. This methodology is informed by CCData, an affiliate of CoinDesk, to ensure its accuracy and reliability.

4. Market Cap Weighting

Assets within the index are weighted according to their market capitalization, but with a 5% cap per asset. This structure promotes adequate diversification and mitigates risks associated with overexposure to any single asset.

5. Quarterly Reconstitution

The CoinDesk 80 Index aligns its reconstitution schedule with that of the CoinDesk 20 Index, providing predictability for traders and investors. This includes using buffers to limit turnover, thus promoting stability and adherence to a stringent governance framework.

The Role of Bullish Exchange

To facilitate the trading and management of these assets, the Bullish Exchange has launched a CoinDesk 80 Index Perpetual Futures Contract. With an impressive track record that includes over $1 trillion in cumulative trading volume since launching in 2021, Bullish is well-placed to support both institutional and retail traders seeking exposure to the index.

CEO Tom Farley emphasized the growing demand for index products in digital markets, asserting that the CoinDesk 80 Perpetual Futures Contract provides the tools necessary for market participants to engage confidently with the offerings of Bullish.

Conclusion

The CoinDesk 80 Index marks a pivotal moment for the digital asset investment landscape, bridging the gap beyond well-known cryptocurrencies while ensuring comprehensive coverage of emerging assets. As the financial sector adapts, offerings like the CoinDesk 80 will be essential in meeting the evolving expectations of investors. To explore the intricacies of the CoinDesk 80 Index and its benefits, interested parties can visit coindesk.com/price/cd80.

The demand for such indices is not just a trend; it represents a fundamental shift in how digital assets are viewed within the broader financial ecosystem. Investors and traders now have an opportunity to leverage this innovative index to refine their strategies and achieve a more balanced portfolio with exposure to promising digital assets.