Bitcoin Tamil - ​​Amun AG ETP's HODL5 Index Begins Trading Today. BUT, WITH A CATCH! Amun ETP, the world’s first Crypto Index ETP listed on a regulated stock exchange which is based on the Amun's HODL5 index, more details HERE with undisclosed observations HERE, is now LIVE on SIX Swiss Exchange - One of the largest European Exchange. But, there's a catch. As you know they've clearly mentioned in their release that "They will be tracking an index based on the movements of five leading cryptocurrencies namely BTC, ETH, XRP, LTC and BCHABC (previously BCH)". BUT, after today's launch HODL5 index is tracking Top 4 instead of Top 5 with BCHABC dropping from the list. According to MVIS - the index calculation agent, the Component distribution of the ETP assets now stands at BTC(48.41%), XRP (33.56% - Up from 25.4% earlier), ETH (15.36% - Down from 16.7% earlier), BCHABC (Not Available) and LTC (2.67% - Down from 3% earlier). Now, we don't know what exactly made them change their mind (probably all those hash war politics and negative marketing) but it somewhat appears to be a breach of its Index methodology, even if it means removing a shitcoin :P. It definitely is an intriguing development considering the level at which they are operating. However, they haven't released a statement on the BCH removal. We will keep following the matter and give you relevant updates on the same as they arrive, Until then, you guys can deliberate whether the decision was fair or unfair to remove BCH ;). > TRADING REPORT: According to the gathered data from SIX and MVIS, Flow Traders, the initial market maker and AP bought USD5m (250k units). At the first day of trading on SIX appears to show that USD20k was traded. The initial collateral pool was valued circa $5m (13 Nov valuation) , valued at midday yesterday, circa $3.5m. With all the red across streets, To be fair to Amun, it wasn't the greatest day to launch its new product.

​​Amun AG ETP's HODL5 Index Begins Trading Today. BUT, WITH A CATCH! Amun ETP, the world’s first Crypto Index ETP listed on a regulated stock exchange which is based on the Amun's HODL5 index, more details HERE with undisclosed observations HERE, is now LIVE on SIX Swiss Exchange - One of the largest European Exchange. But, there's a catch. As you know they've clearly mentioned in their release that "They will be tracking an index based on the movements of five leading cryptocurrencies namely BTC, ETH, XRP, LTC and BCHABC (previously BCH)". BUT, after today's launch HODL5 index is tracking Top 4 instead of Top 5 with BCHABC dropping from the list. According to MVIS - the index calculation agent, the Component distribution of the ETP assets now stands at BTC(48.41%), XRP (33.56% - Up from 25.4% earlier), ETH (15.36% - Down from 16.7% earlier), BCHABC (Not Available) and LTC (2.67% - Down from 3% earlier). Now, we don't know what exactly made them change their mind (probably all those hash war politics and negative marketing) but it somewhat appears to be a breach of its Index methodology, even if it means removing a shitcoin :P. It definitely is an intriguing development considering the level at which they are operating. However, they haven't released a statement on the BCH removal. We will keep following the matter and give you relevant updates on the same as they arrive, Until then, you guys can deliberate whether the decision was fair or unfair to remove BCH ;). > TRADING REPORT: According to the gathered data from SIX and MVIS, Flow Traders, the initial market maker and AP bought USD5m (250k units). At the first day of trading on SIX appears to show that USD20k was traded. The initial collateral pool was valued circa $5m (13 Nov valuation) , valued at midday yesterday, circa $3.5m. With all the red across streets, To be fair to Amun, it wasn't the greatest day to launch its new product.