The ixCrypto Index (IXCI) represents a significant milestone as the first benchmark indicative crypto index launched from Hong Kong. Designed to reflect the overall performance of the cryptocurrency market, it provides a standardized and reliable measure for investors and market observers. Launched on December 9, 2018, with a base value of 1,000 set on December 3, 2018, and denominated in USD, the IXCI offers a clear and fair representation of market movements.
This index is engineered to cover the top 80% of the cumulative free-floating market capitalization within the cryptocurrency universe. Additionally, constituents must rank within the top 50 by trading volume averaged over the 90 days preceding each review date. This dual-criteria methodology ensures the index captures both the most significant and the most liquid digital assets, providing a robust snapshot of the market.
A key feature of the IXCI is its real-time updating mechanism. The index is refreshed every five seconds, 24 hours a day, seven days a week. This continuous updating ensures it accurately reflects the dynamic and non-stop nature of the cryptocurrency markets, making it an essential tool for real-time analysis and decision-making.
Expansion of the Index Series: IXBI and IXEI
In March 2021, the offering was significantly expanded with the introduction of two single-constituent indexes by IX Capital International Limited (IXCI): the ixBitcoin Index (IXBI) and the ixEthereum Index (IXEI). These new indexes were designed to track the performance of Bitcoin and Ethereum, respectively, serving both as benchmarks and as bases for tradable products.
The launch of IXBI and IXEI transformed the IXCI from a single benchmark into a comprehensive index series. This expansion allows for more nuanced market analysis and product creation. By the year 2025, this series has grown to encompass a total of 29 distinct indexes, catering to a wide array of investment and analytical needs.
To maintain consistency and facilitate comparative analysis, both IXBI and IXEI share the same inception date and base level (1,000 on December 3, 2018) as the flagship ixCrypto Index. This allows investors and fund managers to easily compare the performance of the broad market (IXCI) against the two largest cryptocurrencies, Bitcoin and Ethereum.
Practical Applications for Investors and Fund Managers
The ixCrypto Index series provides several practical benefits for different market participants.
For Investors:
The series offers a transparent and rules-based way to gauge overall market health. Instead of tracking numerous individual assets, investors can use the IXCI as a single proxy for the market's performance. The single-constituent indexes, like IXBI and IXEI, provide clean exposure to specific major assets, which is invaluable for crafting targeted investment strategies.
For Fund Managers:
The indexes are powerful tools for product structuring and performance benchmarking. Fund managers can use them to design a variety of long/short strategies or to create index-tracking funds. The ability to easily compare the performance of the broad market index against Bitcoin or Ethereum helps in making informed asset allocation decisions and selecting appropriate weightings for different fund requirements.
For those looking to integrate this data into their systems, 👉 access real-time index data feeds directly from the provider.
Frequently Asked Questions
What is the ixCrypto Index (IXCI)?
The ixCrypto Index is a benchmark index that measures the performance of the broader cryptocurrency market. It is calculated based on the top digital assets by market capitalization and trading volume, providing a comprehensive market snapshot.
How often is the IXCI updated?
The index is updated every five seconds, 24/7, ensuring it provides a real-time reflection of market conditions. This high frequency is crucial given the volatile and continuous nature of crypto markets.
What are the IXBI and IXEI?
The ixBitcoin Index (IXBI) and ixEthereum Index (IXEI) are single-constituent indexes that track the performance of Bitcoin and Ethereum, respectively. They were launched to complement the main IXCI and allow for more precise tracking of these major assets.
How can I access the data for these indexes?
The index data, including vendor codes and API feeds for integration into trading platforms or analytical tools, is available through the index provider's services. You can 👉 explore the available data dissemination options for more details.
Who calculates and maintains these indexes?
The indexes are calculated and maintained by IX Capital International Limited (IXCI), a company licensed by the Hong Kong Securities and Futures Commission. It is important to note that the firm's index business itself operates separately from its regulated advisory activities.
Are these indexes used for creating financial products?
Yes, these benchmarks can be licensed for use as the underlying reference for various financial products, including exchange-traded funds (ETFs), mutual funds, and other structured investment products, providing a regulated and transparent basis for crypto exposure.
Disclaimer and Important Information
The ixCrypto Index series is a product of IX Capital International Limited ("IXCI"). The information contained herein is provided for reference purposes only. While IXCI endeavors to ensure the accuracy of the information, it makes no warranty or representation as to its completeness or reliability and accepts no liability for any damage or loss arising from reliance on this content.
The information is not intended to provide professional investment advice. Individuals should seek appropriate professional advice before making any investment decisions. IXCI is licensed for Type 4 (advising on securities) regulated activities but does not provide investment advisory services on virtual assets. Its index business is not regulated by the Hong Kong Securities and Futures Commission.
© 2025 IX Capital International Limited. All Rights Reserved.