Core Viewpoint - Metalpha Technology Holding Limited has adopted the Antalpha BTC Mining Index for its Bitcoin mining stocks fund, aiming to provide investors with exposure to the Bitcoin mining industry through publicly listed companies [1][2][3] Company Overview - Metalpha Technology Holding Limited is a global digital asset-focused wealth management company, founded in 2015 and went public in 2017 [4] - The company is one of the largest crypto derivatives traders in Asia, offering tailored wealth management and hedging solutions to various financial institutions [2][4] - Metalpha holds multiple licenses from the SFC, including Type 1, Type 4, and Type 9 licenses, allowing it to deal in securities and virtual assets, advise on securities and tokens, and manage assets [3] Industry Insights - The Antalpha BTC Mining Index selects the top ten publicly traded US Bitcoin mining companies and will be rebalanced every six months to reflect market conditions [2] - The index aims to provide mainstream financial investors with a reliable channel to gain exposure to cryptocurrencies, driven by high demand for long-term growth opportunities in the Bitcoin mining sector [2][3] - Metalpha's previous fund focused on GBTC has seen significant gains, with a net asset value increase of 269.84%, outperforming Bitcoin by approximately 39% [2]
Metalpha Adopts New Bitcoin Mining Index by Antalpha and FTSE Russell