It is understood that some will disagree with the decision to have no cap on the weight of bitcoin or ethereum. After much consideration, we decided that providing a pure market cap weighted index would best capture the asset class, especially when considering that the great majority of people are unaware of or just beginning to explore the industry. For those who disagree, we provide the 2100news Digital Assets 100 Large Cap Index (NWSL100), which will better capture the performance of the rest of the market.
At each weekly rebalance, every asset will have a new weighting of the total index, and the constituent weighting is unchanged until the next rebalance.