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Grayscale Introduces New Crypto Index Series with FTSE Russell

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  Grayscale Introduces New Crypto Index Series with FTSE Russell The launch of the FTSE Grayscale Crypto Sector Index Series is a significant development for the crypto market. Grayscale Investments, the world's largest digital currency asset manager, announced on October 24, 2023, that it is partnering with FTSE Russell, a leading global index provider, to launch a new crypto index series. The FTSE Grayscale Crypto Sector Index Series will track the performance of five distinct sectors of the crypto market: currencies, smart contract platforms, financials, consumer and culture, and utilities and services. The new index series is designed to provide investors with a more comprehensive and granular way to invest in the crypto market. By tracking five distinct sectors, the index series will allow investors to gain exposure to different aspects of the crypto ecosystem, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3. The FTSE Grayscale Crypto Sector Index Se...