How Digital Assets Get Into Investable Indices

Since the inception of bitcoin in 2008, the digital asset industry has been growing at a rapid pace, accelerating the emergence of the new digital finance economy. This booming new asset class has resulted in the development of new investment vehicles and opportunities with thousands of different projects, use cases and applications using blockchain technology to transform industry infrastructure. While there is a wide range of estimates on the number of existing cryptocurrencies, the growth is clear. As of Oct. 26, 2022, coinmarketcap.com, coingecko.com and investing.com listed 21,522, 13,260, and 9,409 coins, respectively.