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 / 125644041758 USD / 10 % / 1.0191682428131 coins / 8218.025 USD
ETH / 35270418650 USD / 10 % / 22.761502564459 coins / 367.97 USD
BCH / 20254127089 USD / 10 % / 6.9525680050503 coins / 1204.67 USD
DASH / 3664645068 USD / 10 % / 17.457609660238 coins / 479.765 USD
LTC / 3664301885 USD / 10 % / 115.60112568977 coins / 72.45215 USD
MIOTA / 2702704066 USD / 7.3871276099766 % / 6362.9990314734 coins / 0.97236 USD
NEO / 2096461250 USD / 5.7301230193661 % / 132.4167615198 coins / 36.24385 USD
XMR / 1998820221 USD / 5.4632470597425 % / 33.053204501806 coins / 138.4365 USD
XEM / 1925618065 USD / 5.2631683036182 % / 20736.825920156 coins / 0.212578 USD
ETC / 1727453948 USD / 4.7215390374278 % / 213.1981580956 coins / 18.5487 USD
LSK / 1119506579 USD / 3.0598755014717 % / 259.90895486494 coins / 9.86043 USD
QTUM / 994347336 USD / 2.7177857731732 % / 151.21618853466 coins / 15.05325 USD
EOS / 868034025 USD / 2.3725417048589 % / 1000.0071414996 coins / 1.98712 USD
OMG / 799438597 USD / 2.1850542227954 % / 225.82044844768 coins / 8.10424 USD
ZEC / 766838906 USD / 2.0959515790793 % / 5.7891656308602 coins / 303.2345 USD
HSR / 770029919 USD / 2.1046733701672 % / 96.776799505446 coins / 18.2149 USD
ADA / 731902712 USD / 2.0004627216304 % / 55553.817305379 coins / 0.0301599 USD
XLM / 671092416 USD / 1.8342538413451 % / 39985.801828475 coins / 0.03842085 USD
BCC / 641036330 USD / 1.7521034699702 % / 4.8945958337062 coins / 299.817 USD
WAVES / 480051069 USD / 1.3120927853774 % / 208.48270895696 coins / 5.27118 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
