ME News reports that on July 22 (UTC+8), S&P Dow Jones Indices and Pantera Capital jointly launched the S&P Pantera Digital Assets Index, designed for institutional investors seeking systematic exposure to digital assets. The index employs fundamental screening to exclude Bitcoin and meme coins, including only tokens and companies with real utility and actual revenue, weighted by free-float adjusted market capitalization. The initial basket comprises 18 constituents with combined annualized revenue exceeding $3 billion over the past two quarters, including Hyperliquid, Solana, and Aave. (Source: ODAILY)
S&P Pantera Digital Asset Index Launches with 18 Components
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Summary
Digital asset news broke on July 22 (UTC+8) as S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index. The index excludes Bitcoin and meme coins, focusing on tokens and companies with real-world utility and revenue. The initial 18 components include Hyperliquid, Solana, and Aave, generating over $3 billion in annualized revenue. Digital collectibles news remains secondary, as the index prioritizes fundamentals, using market cap adjusted for circulation.
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