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Bitwise Asset Management is launching the Hold 10, a new passively managed index that will hold and weight the top 10 cyrptocurrencies by inflation-adjust market cap, taking into account the supply inflation schedules of the next five years.
As of September 26, the 10 coins the HOLD 10 contained based on the eligibility requirements and selection criteria, were Bitcoin, Ether, Ripple, Bitcoin Cash, Litecoin, Dash, NEO, Zcash, Monero and Ether Classic. Prices will be pulled from Bitfinex, Bitstamp, GDAX, Gemini, Kraken, Poloniex and Bittrex and weighted by volume. Because it uses an inflation-adjusted market cap rather than one based on circulating supply, the main way it differs from the Coinmarketcap ranking is by the inclusion of Zcash (of which Ravikant serves on the foundation board), and the elimination of NEM and IOTA, whose trading volumes don’t meet the eligibility cutoff.
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