Eaglebrook Brings Direct Indexing to Crypto with S&P-Tracking Portfolio

Eaglebrook has introduced direct indexing for digital assets to its SMA platform, allowing advisors access to the S&P Cryptocurrency Top 10 Equal Weight Index. This index tracks the 10 largest eligible cryptocurrencies by market capitalization within the S&P Cryptocurrency Broad Digital Market Index and gives each an equal weight.

Eaglebrook's infrastructure handles portfolio construction and automated tax management, including tax-loss harvesting, without requiring account holders to trade individual assets. The company is betting that this combination will make the structure useful for investors.

The timing of this move is notable because crypto investing has spent the past several years moving in the opposite direction. Spot bitcoin and ether ETFs have made digital assets easier to own by packaging them inside familiar securities, removing much of the custody and operational complexity that had kept traditional portfolios away.