Coinbase 50 Index of newly added AXS, BLUR, JASMY, KSM, EGLD:

Coinbase 50 Index added AXS, BLUR, JASMY, KSM and EGLD. Currently, Bitcoin (BTC) has the highest weight with 47.  50%; Ethereum (ETH) ranks second with 22. 99%; XRP, Solana and Dogecoin rank three to five with 7. 69%, 5. 66% and 3. 19% respectively.

The Coinbase 50 index tracks the performance of the 50 most liquid digital assets, according to the official. The index is screened using fundamentals and market qualification criteria to ensure investability. Industry insiders believe that the launch of the index may help institutional investors more fully allocate crypto assets as the US encryption regulatory environment becomes more friendly.