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CryptoGlobe
2019-02-14 16:20:00

Nasdaq to Launch New BTC, ETH Indices to Provide Real-Time Spot Rates

Nasdaq, the world’s second largest stock exchange with a market capitalization of over $10 trillion, is reportedly planning to introduce two new indices in order to track cryptocurrency prices. In an announcement made by Nasdaq on February 12th, the company stated that the new indices would be added by February 25th, 2019. Referred to as the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX), the indices will provide traders with real-time price updates every 30 seconds. Both BLX and ELX will be accessible through Nasdaq’s Global Index Data Service (GIDS).