MVIS and CryptoCompare launch bitcoin benchmark index MVIBTC

According to BusinessWire reports, VanEck subsidiary MVIS Index Solutions (MVIS) and digital asset data provider CryptoCompare have launched the MVIS CryptoCompare Institutional Bitcoin Index (code: MVIBTC), which aims to measure the number of Bitcoins invested and priced on specific exchanges The performance of the asset portfolio. It is reported that Canadian investment fund management company 3iQ Corp. will use the index to calculate the net asset value of Bitcoin funds.