Quarterly Rebalance Notice For The BNC-BTSE Composite Indices
Following approval from the BNC Index Committee, the BNC-BTSE Composite Indices will undergo their quarterly re-balance and re-constitution according to the updated constituent assets and weights found below.
The indices affected are:
- BNC-BTSE Composite Index (BBCX)
- BNC-BTSE AltCoin Index (BBAX)
- BNC-BTSE Blue-Chip DeFi Index (BBDX)
- BNC-BTSE Blockchain Interoperability Index (BBIX)
- BNC-BTSE Maker Vault Index (BMVI)
Constituent assets and weights were determined on January 27, using the maximum basket size and the average free float market capitalization of the preceding 5 days for each eligible asset. Where needed, constituent asset weights were capped based on the weight cap and subject to a minimum turnover requirement of 10 basis points.
The re-balancing of the BBCX and BBAX will be completed on Wednesday, February 3, 2021 at 08:00 am (UTC), whilst the re-balancing of the BBDX, BBIX and BMVI will be completed on Wednesday, February 10, 2021 at 08:00 am (UTC).
Please see the below public release for full details on this announcement.
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