I need to leave this hear that people see what really matters to hedge funds and high profile investors. Not to butthurttalk specialist lol
https://www.bitwiseinvestments.com/indexMethodology
Selection & Weighting
The HOLD 10 Index has a policy of selecting the top 10 coins, by inflation adjusted market capitalization. The selected coins are then held in proportion to their inflation adjusted market capitalization. Inflation adjusted market capitalization is calculated as follows: (composite price) x (circulating supply + additional supply publicly scheduled for next 5 years).
Composited Price
A coin’s price is derived from real-time data from multiple exchanges. The composite price normalizes these inputs with two techniques:
Trade volume weighted: The price on the exchange with more trade volume has more influence on the composite price.
Inverse price variance weighted: The exchange with the price that deviates more from the prices of the other exchanges has less influence on the composite price.
Supply & Inflation Adjustment
Circulating supply is the best approximation of the number of coins available to public investors. It is derived by taking the total number of existing coins from the blockchain and subtracting the number of coins verifiably burned, locked, or reserved (for example, by a foundation). Public blockchain explorers are used to monitor corresponding blockchains when available. If not, our own node is run. In addition to circulating supply, the index incorporates supply inflation that is publicly known to the market. This is important beause different protocols have different supply regimes (eg inflationary, deflationary, pre-mined). The market is aware of future supply in determining price, but it would not be captured with a market capitalization calculation that relies on only present supply. To that end, the index adds to presently circulating supply, the amount of supply expected to be added over the next 5 years.
Eligibility Criteria
Cryptocurrencies should meet the following additional criteria to be included in the index:
Actively traded on multiple recognized exchanges.
Monthly trade volume exceeding 30% of circulating supply for the past 3 months.
Free floating price. The price should not be pegged to fiat currencies or similar assets.
Data Source Selection
Data is essential to our index. It is important to cover as much market activity as possible, while not sacrificing the quality and credibility of the data we incorporate. The index committee evaluates the following criteria to determine if the index should recognize an exchange and include as a data source:
USD and BTC trade volume for the coins in our index.
Restrictions on deposits and withdrawals of bitcoin and fiat currencies.
Quality and reliability of real-time price and trade volume API.
Compliance with relevant regulations.