This New Index Could Be Crypto's Answer to the S&P 500

Crypto has always had plenty of price charts, but not an all-in-one benchmark like the S&P 500 that blends the coins people hold with the companies building the picks and shovels. Until now, that is.On Oct. 7, S&P Global unveiled the S&P Digital Markets 50 Index (S&P DM50), an index that's a hybrid basket of 15 cryptocurrencies and 35 publicly traded crypto-linked equities, complete with a planned tokenized version so investors can buy it directly on-chain. If it catches on as a benchmark that investors use, there will be a handful of important implications for the crypto sector, so let's unpack what's going on here.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool