Trade the Crypto Stock Market | Newsletter Lite
Frank Kaberna \ Chief Content Strategist
With two cryptocurrencies - Bitcoin and Ethereum - now well above $100 billion in market capitalization and the former nearing $1 trillion, it appears as though all this crypto stuff isn’t going away. In fact, a whole industry has sprouted up around crypto with several publicly traded companies dealing directly in the space, and many of them have seen similar upside to the coins themselves.
Source: Yahoo! Finance
The Small Exchange has joined 17 securities in the crypto sector to create the first stock index totally devoted to the area. Futures on the Small Cryptocurrency* Index are due to arrive October 4th, and they expect to correlate highly to price action in both Bitcoin and Ethereum all at a smaller size and cost to existing Bitcoin and Micro Bitcoin futures.
Data as of 9/2/21
It may not be a new shiny coin, but it is a step in the right direction for an industry so new and exciting that exchanges have yet to present the trading public with a smaller way to gain crypto exposure.
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