Trakx Digital Asset Newsletter

Newsletters May 03, 2021

Weekly news for Institutional Investors

Trakx offers sophisticated digital investment strategies for institutional investors and experienced traders. We do that by providing digital-asset index products on a platform with compliance, custody, and liquidity needed by large investors.

Crypto Traded Indices (CTIs) Weekly Performance

Crypto markets have been very positive this week, having recovered from the correction of the previous week. Ether hits a new All-Time High over USD 3,000.

All Trakx indices benefited from the positive momentum: Trakx Diversifier (+60%) is the best performer due to Fusion (FSN +145% after last week's negative performance of -27%) and Redd coin (RDD +97%). It looks like Fusion is surfing on the layer2 and interoperability trend. An interesting alternative to Matic or Fantom, which have both outperformed lately. It looks like Fusion works with AnySwap and Fantom, two protocols part of the Andre Cronje ecosystem, a well-known crypto developer.

Centralised Exchanges (+43%) have also well-performed thanks to Okex exceptional traction (OKB +131%).

Sources: CryptoCompare and AlphaVantage

  • Bitcoin’s Most Ambitious Upgrade in Years, Taproot, is Now Being Voted On For Implementation: CryptoPotato
  • Visa Diving Into Cryptocurrency 'in a Very, Very Big Way' — CEO Outlines 5 Crypto Priorities: Bitcoin.com
  • Ethereum enters the USD 3,000 Era: CryptoNews
  • Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’: CNBC
  • Coinbase to acquire Skew crypto data analytics platform: Cointelegraph
  • Ethereum gas fees and the impacts of Berlin hardfork: TheBlockCrypto
  • Turkey Adds Crypto Trading Platforms to List of Firms Covered by AML Regulations: Coindesk

Trakx News

Trakx has published the memo Liquidity in Digital Assets

Trakx CTIs Performance

Sources: Trakx, CryptoCompare

*Trakx CTIs calculations take into account backtest simulated performances calculated since 31 Dec 2019.

**Return of bitcoin is calculated since 01/05/2020, while CTIs performances were calculated since their respective launch date.

***Most NFT protocols are too young to allow calculation of simulated performance prior to February 2021. Trakx Top 10 NFT statistics only include real track record since 31 Mars 2021.
Annualised return has been calculated by extrapolating the real track record to the whole year.

Disclaimers: No Investment Advice. Index returns and statistics are for illustration only. Index returns do not reflect any transaction costs or expenses. Past performance does not guarantee future results. The information provided in this newsletter does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the newsletter content as such. Trakx.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Readers shall conduct their own due diligence and consult their financial advisor before making any investment decisions.

Contact us

Website www.trakx.io

Email [email protected]

Twitter https://twitter.com/Trakx_io

Linkedin https://www.linkedin.com/company/trakx-io/

Carole Laizet

Senior marketing manager with 15+ years of experience in the Financial Industry (traditional Banking as well as Crypto Assets). Responsible for market research @trakx.io