Hedge Funds
Bloomberg has partnered with Michael Novogratz's Galaxy Digital Capital Management to launch a cryptocurrency index. : Bloomberg has launched a cryptocurrency index in conjunction with Galaxy Digital Capital Management, a digital assets merchant bank headed by billionaire ex-hedge fund manager Michael Novogratz. The capitalization-weighted Bloomberg Galaxy Crypto Index (BGCI) will track the "performance of the largest, most liquid portion of the cryptocurrency market," specifically following bitcoin, ethereum, ethereum classic, monero, XRP, zcash, EOS, litecoin and dash, according to an announcement.

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