Nan MargaryanNov 23, 2021 · 3 years ago3 answers How can BlackRock's S&P 500 Index K be used as a benchmark for cryptocurrency performance?
Can BlackRock's S&P 500 Index K, which is traditionally used as a benchmark for stock market performance, be effectively utilized as a benchmark for evaluating the performance of cryptocurrencies? How does the index's methodology and composition align with the unique characteristics of the cryptocurrency market? What are the potential limitations and benefits of using this index as a benchmark for cryptocurrency performance?