On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it. This new composition swap with the previous one without any disturbance of the index price.
We have run this operation yesterday. Here is the new composition of the Bit20 Index Fund:
BTC / 44542132746 USD / 10 % / 1.9061466095515 coins / 2715.8 USD
ETH / 33003336242 USD / 10 % / 14.530392547647 coins / 356.267936 USD
LTC / 2397237239 USD / 10 % / 111.50421557899 coins / 46.4261636687 USD
ETC / 1979316830 USD / 10 % / 242.64982149599 coins / 21.3340893074 USD
XEM / 1845980243 USD / 10 % / 25238.849025675 coins / 0.2051089159 USD
DASH / 1390507483 USD / 7.9316982800247 % / 21.772912995834 coins / 188.583518 USD
BTS / 836220873 USD / 4.7699503535105 % / 7666.3167389237 coins / 0.322092925 USD
XMR / 733386040 USD / 4.1833624508888 % / 43.27768963159 coins / 50.0397937356 USD
STRAT / 726382700 USD / 4.143414172644 % / 290.65727715955 coins / 7.3795729682 USD
ZEC / 628094847 USD / 3.582763040508 % / 4.584192533031 coins / 404.5845749 USD
GNT / 548560810 USD / 3.129086960236 % / 2448.6880851165 coins / 0.6615127964 USD
BCN / 566387452 USD / 3.2307732491764 % / 540491.71858338 coins / 0.00309436485 USD
SC / 519890746 USD / 2.9655478925955 % / 79904.719168308 coins / 0.0192126202 USD
WAVES / 511334500 USD / 2.9167415664798 % / 295.2887762246 coins / 5.113345 USD
STEEM / 498055930 USD / 2.8409982769845 % / 693.03578728719 coins / 2.1221173388 USD
ANS / 417700750 USD / 2.382638253188 % / 147.6443881123 coins / 8.354015 USD
XLM / 381851379 USD / 2.1781471607078 % / 28786.277936949 coins / 0.0391702 USD
LSK / 363268932 USD / 2.0721496276412 % / 320.52465335415 coins / 3.346676683 USD
ICN / 295019175 USD / 1.6828410573335 % / 256.9012353154 coins / 3.391025 USD
DOGE / 348847571 USD / 1.9898876580814 % / 324451.39928504 coins / 0.0031749215 USD
The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. This system guarantees decentralisation and prevent any market manipulation. Here it is:
http://cryptofresh.com/u/bittwenty.feed
You will find on the website the composition with the updated price of each coin and the total value of the index
Next, a glance at the state of the market since its creation on the BitShares Decentralised Exchange
