The post Bitcoin Exchange Coinbase Makes Major Updates to the Coinbase 50 Index! Which Altcoins Have Been Added? Here Are the Details appeared on BitcoinEthereumNews.com. Coinbase has announced an update regarding its fourth-quarter index rebalancing process. The exchange announced significant changes to the Coinbase 50 Index (COIN50), which tracks the 50 largest crypto assets in the market and is designed for institutional investors. Six new crypto assets have been added to the index, while six tokens with declining performance and market weight have been removed. The statement announced that the new assets included in the COIN50 index are Hedera (HBAR), Mantle (MANTLE), VeChain (VET), Flare (FLR), Sei (SEI), and Immutable (IMX). Coinbase stated that the recent growth in trading volume, network activity, and market capitalization of these six assets was a determining factor in their inclusion in the index. The inclusion of projects such as IMX, which has increased institutional investor interest, and Sei, which stands out in Tier-1 ecosystems, in the index is considered an important step in reflecting the changing dynamics of the market. Additionally, six tokens, SKL, AKT, LPT, SNX, HNT, and CVX, were removed from the index. Coinbase Institutional stated that the market weight of these projects within the COIN50 criteria had decreased, weakening their representation in the index. It emphasized that this regular rebalancing process is critical for the index to accurately and up-to-dately reflect the overall market structure. These changes made by Coinbase will not only be effective in the portfolio structuring of institutional investors but also provide important clues about the direction of liquidity flows in the crypto market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-exchange-coinbase-makes-major-updates-to-the-coinbase-50-index-which-altcoins-have-been-added-here-are-the-details/The post Bitcoin Exchange Coinbase Makes Major Updates to the Coinbase 50 Index! Which Altcoins Have Been Added? Here Are the Details appeared on BitcoinEthereumNews.com. Coinbase has announced an update regarding its fourth-quarter index rebalancing process. The exchange announced significant changes to the Coinbase 50 Index (COIN50), which tracks the 50 largest crypto assets in the market and is designed for institutional investors. Six new crypto assets have been added to the index, while six tokens with declining performance and market weight have been removed. The statement announced that the new assets included in the COIN50 index are Hedera (HBAR), Mantle (MANTLE), VeChain (VET), Flare (FLR), Sei (SEI), and Immutable (IMX). Coinbase stated that the recent growth in trading volume, network activity, and market capitalization of these six assets was a determining factor in their inclusion in the index. The inclusion of projects such as IMX, which has increased institutional investor interest, and Sei, which stands out in Tier-1 ecosystems, in the index is considered an important step in reflecting the changing dynamics of the market. Additionally, six tokens, SKL, AKT, LPT, SNX, HNT, and CVX, were removed from the index. Coinbase Institutional stated that the market weight of these projects within the COIN50 criteria had decreased, weakening their representation in the index. It emphasized that this regular rebalancing process is critical for the index to accurately and up-to-dately reflect the overall market structure. These changes made by Coinbase will not only be effective in the portfolio structuring of institutional investors but also provide important clues about the direction of liquidity flows in the crypto market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-exchange-coinbase-makes-major-updates-to-the-coinbase-50-index-which-altcoins-have-been-added-here-are-the-details/