MarketVector Indexes Announces Rule Changes for Digital Assets Indexes

Frankfurt, Germany (June 28, 2023) - MarketVector Indexes^TM ("MarketVector") announces the following rule changes for the named affected digital assets indexes, effective on August 1, 2023.

1. Rule changes for broad category indexes:

1.1. Affected indexes:

1.2. Description:

The indexes will be derived from the MarketVector™ Digital Assets 100 Index (MVDA). Current and new components have to be new components of MVDA 100 and additionally classified as the relevant category by MarketVector Indexes. In case the number of components is below 10, additional assets belonging to the respective category are added from the MVDA universe with an average-daily-trading value of at least 1,000,000 USD for the current month and sorted in terms of market capitalization in descending order from top to bottom until the number of constituents equals 10.

2. Rule changes for leader category indexes:

2.1. Affected indexes:

2.2. Description:

       The following assets qualify for the selection:

• Components from the broad category indexes above for each respective category
• Approved availability of custodians by index owner

       Afterward, the selection is done as follows:

• The selection list is ranked in two different ways - by market capitalization in descending order (the largest constituent receives rank “1”) and then by one-month average-daily-trading value in descending order (the most liquid constituent receives rank “1”). These two ranks are added up
• The selection list is now ranked by the sum of the two ranks in ascending order. If two assets have the same sum of ranks, then the larger asset by market capitalization receives the higher rank.
• The target coverage of the selection is the lower whole rank of the 50th percentile of the number of assets in the eligible universe.
• Assets below the lower whole rank of the 40th percentile by final rank qualify for the index.
• The remaining assets are selected from the highest-ranked remaining index components ranked between the lower whole rank of the 40th percentile and the higher whole rank of the 60th percentile until the target coverage is reached. 
• If the number of selected new components is still below the number of assets in the lower whole rank of the 50th percentile from the eligible universe, then the next highest-ranked digital assets are selected until the number of components reaches the target coverage.
• In case the number of new components is still below 5, the highest-ranked assets are added until the number of new components equals 5.

Detailed information about the indexes, including methodology details and index data, is available on the MarketVector Indexes website.

Kind Regards,

MarketVector Indexes^TM