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 / 97176578516 USD / 10 % / 0.85976012807504 coins / 5984.97 USD
ETH / 29061885615 USD / 10 % / 16.960754729882 coins / 303.385 USD
BCH / 5478786293 USD / 10 % / 15.750781545023 coins / 326.691 USD
LTC / 3191993340 USD / 10 % / 85.692945468501 coins / 60.0474 USD
DASH / 2223871663 USD / 8.5220072536331 % / 15.168796093183 coins / 289.088 USD
XEM / 1966583851 USD / 7.5360651974365 % / 17968.105912026 coins / 0.215815 USD
BCC / 1533492056 USD / 5.8764319191834 % / 14.244626588068 coins / 212.2765 USD
NEO / 1410060000 USD / 5.403433007392 % / 100.28336070295 coins / 27.72555 USD
XMR / 1372869170 USD / 5.2609155553727 % / 30.06149829579 coins / 90.0513 USD
MIOTA / 1124973189 USD / 4.3109635489792 % / 5480.7862743649 coins / 0.404735 USD
ETC / 1087339125 USD / 4.1667475981545 % / 190.47031903844 coins / 11.25665 USD
QTUM / 853050434 USD / 3.2689395288467 % / 149.85039117696 coins / 11.22505 USD
ADA / 739515555 USD / 2.8338671825077 % / 47473.117131458 coins / 0.03071645 USD
OMG / 741469285 USD / 2.8413539909907 % / 200.41535457373 coins / 7.29514 USD
LSK / 561295623 USD / 2.1509179015239 % / 226.26783965176 coins / 4.89148 USD
ZEC / 554982509 USD / 2.1267256766774 % / 4.9138705398179 coins / 222.7035 USD
XLM / 443277821 USD / 1.6986667300939 % / 32452.20305922 coins / 0.02693415 USD
WAVES / 379275746 USD / 1.4534070073895 % / 200.87932560958 coins / 3.722985 USD
HSR / 366146282 USD / 1.4030941276915 % / 66.547902959399 coins / 10.84905 USD
STRAT / 299176969 USD / 1.1464637741274 % / 196.80825958901 coins / 2.99748 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
