S&P Dow Jones launches 5 new crypto indices; 1 tracks 240 digital coins

S&P Dow Jones Indices on Tuesday rolled out five new cryptocurrency indices. The first index called S&P Cryptocurrency Broad Digital Market (BDM) Index will track the performance of over 240 digital coins, while the other four are subsets of BDM. In May this year, S&P launched three cryptocurrency indices tied to the performance of Bitcoin and Ethereum.