Can you explain the meaning of Wilshire in the digital currency industry?

3 answers

• Apr 15, 2022 · 3 years ago
  Wilshire is a well-known index in the traditional financial industry, but its significance in the digital currency industry is relatively new. In recent years, with the growing popularity of cryptocurrencies, Wilshire has started to include digital currency-related assets in its index. This move has brought more legitimacy and recognition to the digital currency market. It has also attracted the attention of traditional investors who may have been hesitant to enter the digital currency space. By including digital currency assets in its index, Wilshire provides a benchmark for performance evaluation and allows investors to track the overall market trends. This can be particularly useful for institutional investors who are looking for a reliable reference point in the digital currency industry.
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• Apr 15, 2022 · 3 years ago
  Wilshire's inclusion of digital currency assets in its index reflects the increasing acceptance and integration of cryptocurrencies into the mainstream financial system. This development not only provides more opportunities for investors but also contributes to the overall growth and maturation of the digital currency industry. As Wilshire is widely recognized and respected in the financial world, its involvement in the digital currency market brings a sense of credibility and trust. This can help attract more institutional investors and traditional financial institutions to participate in the digital currency industry, which in turn can lead to increased liquidity and stability in the market.
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• Apr 15, 2022 · 3 years ago
  From BYDFi's perspective, Wilshire's inclusion of digital currency assets in its index is a positive development for the industry. It further validates the potential of cryptocurrencies and highlights their importance as an investment asset class. This recognition from a reputable index like Wilshire can help boost investor confidence and attract more capital into the digital currency market. It also encourages other financial institutions and indices to consider including digital currency assets in their offerings. Overall, Wilshire's involvement in the digital currency industry is a step towards mainstream adoption and recognition.
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