Congrats to TradeBlock for teaming up with Thomson Reuters Eikon. (Eikon is Thomson's answer to the Bloomberg terminal). TradeBlock's XBX provides a spot reference for the price of bitcoin. XBX is currently being used by the Bitcoin Investment Trust to power the publicly traded BIT.
XBX tracks global liquidity and discounts anomalous activity in real time, creating a highly-reliable spot reference for the price of bitcoin. The index currently serves as the reference rate for the Grayscale Bitcoin Investment Trust, the world’s first publicly-traded bitcoin investment vehicle, as well as a variety of other derivative platforms. Beginning today, 120,000 financial professionals subscribed to the Thomson Reuters Eikon platform can access the latest rate and historical data at <BTCINX=TBLK> or view a description of the index at <XBXINDEX>.
