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CoinDesk Indices and AMINA Group Partner to Launch Bitcoin Trend Indicator Index


NEW YORK and ZUG, Switzerland, July 1, 2024 /PRNewswire/ — CoinDesk Indices, a leading provider of digital asset indices since 2014, in partnership with AMINA Bank AG, a leading Swiss crypto bank fully licensed in Switzerland, today launched the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA). BTIAMINA aims to provide a dynamic exposure to bitcoin with the objective of shifting from bitcoin to USD when price trends are unfavourable, thereby navigating the crypto seasons.

“Together with CoinDesk Indices, we are breaking down barriers with the intention to make digital asset products more accessible and manageable for professional investors,” said Amy Yu, CEO APAC of AMINA Group. “AMINA Group has been an early pioneer in regulated crypto investments and continues to distribute new and interesting digital asset related products under our licenses in Switzerland and Hong Kong in compliance with the laws and regulations of the relevant jurisdictions.”

BTIAMINA measures the performance of a strategy that dynamically allocates between bitcoin and cash, based on the CoinDesk Bitcoin Trend Indicator (BTI), a quantitative signal which conveys the presence, direction, and strength of the trend in the price of bitcoin using a purpose-built algorithm. The BTI is calculated daily and is derived from historical daily levels of the CoinDesk Bitcoin Price Index (XBX), using a non-discretionary methodology.

Key features of the AMINA CoinDesk BTC Momentum Index include:



Read More: CoinDesk Indices and AMINA Group Partner to Launch Bitcoin Trend Indicator Index



Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. coinzoop.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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