This website uses cookies to ensure you get the best experience on our website


04th Dec 2020
CryptoAltum Research Team

S&P Dow Jones to List Crypto Indexes From 2021

From 2021, S&P Dow Jones Indices (S&P DJI), a joint venture between S&P, CME, and News Corp, in partnership with Lukka will introduce cryptocurrency indices featuring 550 coins. Lukka is a US-based blockchain data provider. It is a move that officially legitimizes crypto and high cap digital assets could benefit. S&P DJI classifies Bitcoin and altcoins wholly as an “emerging asset class.”


The announcement is yet another hint of how keen traditional players are willing to link their ecosystem with the crypto world. In recent times, Wall Street executives have been declaring their interests in cryptocurrencies and Bitcoin. Some are now seeking permission from the US SEC to invest part of their liquid portfolios in BTC. Public companies own over $4.5 billion of cryptocurrencies, most of which are controlled by MicroStrategy.

Impact on BTC and Crypto Prices: 

Bullish. Robert Materazzi, CEO of Lukka, said crypto is quickly maturing, and developing institutional standards is paramount. With a crypto index from a joint effort by Wall Street players, it may be the beginning of a journey that may force regulators to approve complex crypto derivatives instruments.

More market updates on our Blog 

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
  • Copyright Techcraft Ltd (CryptoAltum) 2020