So after a few attempts at figuring out why my image posting wasn't uploading, good buddy of mine suggested that I switch to Busy.org, which is helping a ton in terms of posting images.
So the last few weeks, I was posting about Galaxy ICO index. And now that I finally can up load the image, wanted to share with you the data.
As a reminder these are stale numbers from Oct month end.....Ah the good ole' days when Bitcoin was trading materially higher, at $6000.....who would have thought...of the sell off....all within 1 year anniversary of BTC skyrocketing.
So this is a quick snapshot of the index's description. As mentioned in the past, if you want instant diversification, this index does the trick (although you will need a minimum of $250K to buy it...but its a interesting index nevertheless. It gives you the ICO market exposure.
Here are the holdings and their weights. Its not too surprising in terms of the weights. But given the recent sell off, I suspect it should see a rebalancing of some of the weights and names.
Obviously this is a bit old....I plan to upload the new numbers sometime next few weeks.
I find that this index helps frame my understanding of who are currently the largest ICO tokens. With all of the tokenizations, not sure if these top holdings will have change that dramatically.
That's it for this week.