Essential Crypto Indexes: Why They’re Crucial Yet Still Immature for Market Growth

BitcoinWorld Essential Crypto Indexes: Why They’re Crucial Yet Still Immature for Market Growth Imagine trying to navigate the vast ocean of cryptocurrencies without a reliable compass. This is precisely the challenge investors face in today’s digital asset markets. According to a recent report from Tiger Research, crypto indexes serve as that essential compass, yet they remain in surprisingly early development stages. While traditional finance has relied on benchmarks like the S&P 500 for decades, the cryptocurrency sector is still building its foundational measurement tools. Why Are Crypto Indexes So Crucial for Market Growth? In traditional markets, indexes perform several vital functions. They act as performance benchmarks, create foundations for derivative products, and guide institutional capital allocation. However, the cryptocurrency market lacks these established reference points. Tiger Research’s analysis reveals that despite efforts from companies like Bitwise, CoinMarketCap, and Mantle, crypto indexes haven’t achieved the same influence as their traditional counterparts....

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