S&P Dow Jones Indices and Pantera Launch Revenue-Based Digital Asset Index

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S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a fundamentals-based benchmark for digital assets. The index excludes Bitcoin and meme coins, focusing on tokens and companies with real-world utility and revenue. It includes 18 constituents, such as Hyperliquid, Solana, and Aave, with over $3 billion in annualized revenue. The index is market-cap weighted and adjusted for circulating supply. Digital collectibles are maintained as a separate category.

Odaily Planet Daily reports: S&P Dow Jones Indices, in collaboration with Pantera Capital, has launched the S&P Pantera Digital Assets Index, designed for institutional investors seeking systematic digital asset allocation. The index is based on fundamental screening, excluding Bitcoin and meme coins, and includes only tokens and companies with real utility and actual revenue. It is weighted by float-adjusted market capitalization and initially comprises 18 components, with combined annualized revenue exceeding $3 billion over the past two quarters, including Hyperliquid, Solana, and Aave.

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