Re:Coinbase Index Fund
by debt on Wednesday March 07, 2018 @01:38AM
(#16534681)
I don't think that's how an index works.
From the Coinbase literature:
"The index level for CBI is calculated by dividing the sum of the current USD market capitalizations of all constituent assets by the Divisor and multiplying the result by 100."
From the Coinbase literature:
"The index level for CBI is calculated by dividing the sum of the current USD market capitalizations of all constituent assets by the Divisor and multiplying the result by 100."