Grayscale will collaborate with FTSE Russell to launch cryptocurrency index products.

BlockBeats news on October 24th, Grayscale will collaborate with London Stock Exchange subsidiary and London index provider FTSE Russell to launch the "Crypto Sector Index Series" crypto index product. This is a group of 5 different rule-based indexes that capture investable crypto markets in the Grayscale crypto industry. The crypto industry index covers over 150 protocols and will be re-evaluated quarterly to reflect the dynamic nature of crypto asset categories. The crypto industry index includes: FTSE Grayscale Currency #CryptoSector Index; FTSE Grayscale Smart Contract Platform #CryptoSector Index; FTSE Grayscale Financial #CryptoSector Index; FTSE Grayscale Consumer and Culture #CryptoSector Index; FTSE Grayscale Utilities and Services #CryptoSector Index.