Trakx Digital Asset Newsletter

Newsletters Feb 07, 2022

Weekly News for Institutional Investors

Trakx.io offers highly advanced digital-asset investment products for institutional clients and sophisticated individual investors. These instruments, called Crypto-Traded Indices (“CTI”) are available on the Trakx.io platform, which delivers the high degree of compliance, custody, and liquidity required by large investors. Trakx.io is a ConsenSys backed company.

Key Crypto Market Figures

Crypto Traded Indices (CTIs) Weekly Performance

All Trakx CTIs were in positive territory over the week. Top 10 Crypto posted a +14% performance. Crypto Fear and Greed index bounced from 20 last Monday to 45 this morning.

The NFT Metaverse index was again the best performer (+25%) still recovering from the January drawdown thanks to Gala (GALA + 69%).

Sources: Coingecko and AlphaVantage

  • HUS lawmakers introduce 'virtual currency tax fairness act' to boost cryptocurrency use for payments: Bitcoin.com
  • Bitcoin rallies as altcoins take the lead: Coindesk
  • After crypto’s cold winter, expect springtime for Web 3.0: Bloomberg
  • Crypto derivatives data signals improving investor sentiment and a possible trend reversal: Cointelegraph
  • Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears: CNBC
  • North Korea: Missile programme funded through stolen crypto, UN report says: BBC

Trakx News

  • Trakx published the article CBDCs: crypto killers - part 1 by Ryan Shea, Trakx crypto economist
  • All CTI factsheets are updated as of the end of last month: CTI performances
  • Trakx is delisting the Top 10 Ethereum Index from the platform following a survey dated January 7, 2022, where most participants agreed that this index no longer fulfills its original value proposition.

Trakx CTIs Performance

Sources: Coingecko and AlphaVantage

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

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 advisors before making any investment decisions.

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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