Could you elaborate on the entity responsible for administering the Bloomberg Galaxy
cryptocurrency Index (BISL)? I'm curious to understand the governance structure and who oversees the index's operations. Does it involve a dedicated team of experts within Bloomberg or Galaxy Digital, or is there a joint venture or partnership in place? Furthermore, what are the key responsibilities of the administrator, and how do they ensure the accuracy and relevance of the index's components? Your insight into these questions would be greatly appreciated.
7
answers
Daniele
Wed Jul 10 2024
The BISL Crypto Offerings are designed to provide investors with a comprehensive view of the cryptocurrency market, tracking the performance of key digital assets.
SakuraSpirit
Wed Jul 10 2024
The Bloomberg Galaxy Crypto Index, along with its counterparts such as the Defi Index, Bitcoin Index, and Ethereum Index, collectively known as the "BISL Crypto Offerings", are administered by a renowned institution.
Eleonora
Wed Jul 10 2024
Bloomberg Index Services Limited (BISL) serves as the authorized benchmark administrator for these indices, leveraging its expertise and resources to ensure accuracy and reliability.
SakuraSmile
Wed Jul 10 2024
Based in the UK, BISL has a strong track record in administering indices across various asset classes, including the emerging field of cryptocurrencies.
Davide
Tue Jul 09 2024
The indices are administered in accordance with strict guidelines and procedures, ensuring their integrity and transparency.