On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it. This new composition swap with the previous one without any disturbance of the index price.
We have run this operation yesterday. Here is the new composition of the Bit20 Index Fund:
BTC / 67543542715 USD / 10 % / 1.3820591354218 coins / 4089.0562769416 USD
ETH / 28329187271 USD / 10 % / 18.766350589262 coins / 301.141 USD
BCH / 11875696998 USD / 10 % / 7.8532733327511 coins / 719.613 USD
XEM / 2457810000 USD / 9.0619373885141 % / 18752.750411202 coins / 0.27309 USD
MIOTA / 2434621150 USD / 8.976440174811 % / 5791.5375181806 coins / 0.875911 USD
LTC / 2424786635 USD / 8.9401803503427 % / 109.48867800223 coins / 46.145226455539 USD
DASH / 2230352416 USD / 8.2233020242058 % / 15.635826672031 coins / 297.218 USD
NEO / 1907485000 USD / 7.032890923029 % / 104.1819467289 coins / 38.1497 USD
ETC / 1313735463 USD / 4.8437383324084 % / 197.3761318972 coins / 13.8687 USD
OMG / 839974001 USD / 3.0969813797819 % / 204.8467610472 coins / 8.54396 USD
XMR / 819217965 USD / 3.0204539432975 % / 31.157957863164 coins / 54.7839 USD
BCC / 757590202 USD / 2.7932325837537 % / 13.511696180214 coins / 116.828 USD
QTUM / 694583400 USD / 2.5609267119514 % / 122.9346971401 coins / 11.7726 USD
STRAT / 567720133 USD / 2.0931822636595 % / 205.2614472407 coins / 5.76301 USD
WAVES / 487547000 USD / 1.7975841859045 % / 208.3638934578 coins / 4.87547 USD
ZEC / 484629212 USD / 1.7868263111424 % / 4.178685477903 coins / 241.65309887448 USD
PAY / 435718640 USD / 1.6064931930005 % / 218.07638071004 coins / 4.16313 USD
EOS / 405543451 USD / 1.495237370376 % / 615.83532476277 coins / 1.37213 USD
LSK / 381875712 USD / 1.4079744945046 % / 231.6644981011 coins / 3.43467 USD
BTS / 342451721 USD / 1.262618369317 % / 5413.5648265179 coins / 0.131807 USD
The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. This system guarantees decentralisation and prevent any market manipulation. Here it is:
http://cryptofresh.com/u/bittwenty.feed
You will find on the website the composition with the updated price of each coin and the total value of the index
Next, a glance at the state of the market since its creation on the BitShares Decentralised Exchange
