Trakx Digital Assets Newsletter

Newsletters Sep 12, 2022

Weekly News for Institutional Investors

Key Crypto Market Figures

Crypto Tradable Indices (CTIs) Weekly Performance

Crypto markets are set for the Ethereum (ETH) Merge scheduled this Wednesday, this event is a major event in crypto as the second largest blockchain will upgrade its consensus to a sustainable mechanism. Markets are still unpredictable though: digital assets remained steady as the ECB increased interest rates by 75bips but investors are weary of the American latest Consumer Price Index to be released tomorrow. Trakx top 10 crypto index is up 7%.

All trakx indices are positive over the week. The best performer is Trakx Interoperability index (+11%) thanks to Cosmos (ATOM+21% over the week) as Cosmos trends with very positive adoption markers (see newsbtc) and could be about to announce Cosmos 2.0 at the end of the month (see u.today news).

Trakx sources: Coingecko and AlphaVantage

  • The Ethereum merge matters for everyone in crypto: Decrypt
  • Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist: Coindesk
  • Ethereum blockchain set for ‘monumental’ overhaul: Aljazeera
  • Bitcoin tops $22,000, hitting highest in nearly a month ahead of inflation data and Ethereum merge: CNBC
  • ECB Hikes Interest Rate 75 Basis Points as Inflation Hits: Coindesk
  • ‘Limit or eliminate’—Biden executive order triggers shock U.S. bitcoin ban proposal after Radical ethereum upgrade and wild crypto price swings: Forbes

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.
**Includes simulated performance.
***The risk signal is determined according to the historical volatility level, the higher the riskier.

Trakx is a global fintech company creating new standards for digital asset investments. Through our trading platform, we offer thematic Crypto Tradable Indices (CTIs) and customised solutions, providing sophisticated investors a high degree of compliance, custody and liquidity. Trakx is registered with the French regulator (AMF).

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