MarketVector and Coinbase launch index tracking Bitcoin and tokenized gold
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A new Bitcoin–gold index highlights shifting views on crypto’s role as a store of value as correlations with equities increase and gold outperforms.
MarketVector Indexes and Coinbase Asset Management have launched a new index tracking Bitcoin and tokenized gold, offering investors exposure to assets commonly associated with wealth preservation.
The companies unveiled the Coinbase Store of Value Index on Thursday, which tracks Bitcoin (BTC) and Pax Gold (PAXG) — one of the largest gold-backed tokens. The index is designed as a benchmark combining digital assets with traditional store-of-value instruments.
Bitcoin and gold are weighted using an inverse volatility model, meaning lower-volatility assets receive a higher allocation.
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