Crypto Indices Are Listed On Nasdaq
Starting from Monday, February 25, Bitcoin and Ethereum indices are officially listed on the Nasdaq stock exchange. So don’t be surprised, when you see BLX (Bitcoin Liquid Index) and ELX (Ethereum Liquid Index) symbols.
The process works as follows: BLX and ELX capture data from multiple exchanges to show present a single price point for bitcoin core and ethereum. The information is refreshed every 30 seconds. All in all, the step is super-important for crypto transparency, mass adoption and favorable attention from the “sharks” of Wall Street (also known as “institutional investors).
The Nasdaq is the second largest stock market by capitalization in the world.