AtlantisFX | The German VPE Bank together with Bank Frick from Liechtenstein offers a certificate based on a Cryptocurrency index for institutional investors, according to a press release from the bank on 2 July.
The certificate issued by Bank Frick is based on an index calculated by F5 Crypto Capital GmbH for Bitcoin, Litecoin, Ethereum, and other Cryptocurrencies. Its compilation and weighting were developed in collaboration with Prof. Ellender of the Humboldt University in Berlin according to scientific criteria.
The index is based on the so-called "momentum effect for Cryptocurrencies" proven by Prof. Ellender in a study and will be adjusted every quarter by "rebalancing", according to the statement. This would increase the likelihood of being invested in the Cryptocurrencies that will prevail over the long term.