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How does the inclusion of digital assets in the Russell 2000 index affect the cryptocurrency market?

avatarosmary figueraNov 25, 2021 · 3 years ago1 answers

What impact does the addition of digital assets to the Russell 2000 index have on the cryptocurrency market?

How does the inclusion of digital assets in the Russell 2000 index affect the cryptocurrency market?
Digital Assets
Russell 2000 Index
Cryptocurrency Market

1 answers

  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, we believe that the inclusion of digital assets in the Russell 2000 index is a positive development for the cryptocurrency market. It signifies the growing recognition and acceptance of digital assets as a legitimate asset class. This inclusion can attract more institutional investors and traditional market participants to the cryptocurrency market, leading to increased liquidity and stability. Additionally, being included in a mainstream index like the Russell 2000 can also help improve the overall perception and reputation of the cryptocurrency industry. It demonstrates that digital assets are becoming an integral part of the global financial system and are here to stay.

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