Index Methodology Guidebook - French Melanion Capital, an independent investment management company based in Paris, and Bita GmbH, one of the world’s most technologically advanced index platforms, have announced the launch of the Melanion Bitcoin Exposure Index. The Index is the first of its kind due to its unique methodology based on beta weighting which bridges the volatility gap between equities and Bitcoin. It tracks a beta-weighted equities basket exhibiting the highest correlation and revenue exposure to Bitcoin.
The Index was built to provide investors with exposure to the daily price movements of Bitcoin through a diversified basket of equities that meets traditional investment fund standards.
This unique index, sponsored by Melanion Capital and Administered by BITA, marks the first milestone in the development of an innovative Digital Asset business for Melanion Capital.
The Melanion Bitcoin Exposure Index captures the net total return performance of a selection of companies, listed at recognized North American and European exchanges, exhibiting the highest correlation and revenue exposure to Bitcoin.
The index constituents are weighted according to the Beta coefficient against Bitcoin, capped based on liquidity, and rebalanced and reconstituted on an quarterly basis. Index values are disseminated in an intraday and end-of-day basis.
Companies listed at recognized North American and European exchanges, exhibiting the highest correlation and revenue exposure to Bitcoin.
To avoid undue concentration, each individual index constituent of Melanion Bitcoin Exposure Index should not represent more than 10% of the total index.
The initial beta-score weights are adjusted by the liquidity criteria to limit the impact of a single day trading to 25% of value traded for any constituent given a theoretical $25M inflow.
As of 9/30/2021
For index licensing requests: Index@melanion.com
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Please read the important information below before continuing to our site
This website is targeted at institutional, professional or qualified investors only.
US PERSONS: The information contained in this site is not intended for nationals or citizens of the United States of America or “US Persons” as defined by “Regulation S” of the Securities and Exchange Commission under the US Securities Act of 1933, which notably applies to any natural person residing in the United States of America and any partnership or corporation organised or registered under US regulations. If you are a “US Person” None of the information contained in this website constitutes an offer by Melanion Capital to buy or sell financial instruments or to provide investment advice.Melanion Capital informs you that the information contained in this site is given purely by way of indication and provides a general presentation of our services and organisation. Before any investment in Melanion UCITS ETF, you must carry out your analysis of the risks of the product from a legal, fiscal, and accounting point of view, without relying exclusively on the information which you will be provided with. We urge you to consult your own advisers if you consider it necessary.Your access to this site is subject to compliance with the French legislation in force and to the “Legal notice/General conditions of access to the site”.
By Registering, you acknowledge having read the terms and conditions mentioned above and confirm that you understand them
