Pantera-Backed Index Outperforms Bitcoin-Heavy Counterparts

Digital asset markets have been rapidly evolving, but the tools used to evaluate them haven't kept pace.

The S&P Pantera Digital Asset Index measures market performance of a subset of digital assets that demonstrate observable and recurring economic activity through protocol-level revenue generation.

Interestingly, despite not including Bitcoin in its index, back-tested analysis shows that the S&P Pantera Digital Asset Index has outperformed other indices like the S&P Cryptocurrency BDA Index, where Bitcoin accounts for approximately 70% of the index weight.