Search results for FTSE Russell
Crypto
XRP market cap nears 6 percent of bitcoin, can it regain peak status
XRP’s market capitalisation has climbed to near 6 percent of bitcoin’s, according to figures cited by The Crypto Basic. Grayscale Investments put XRP at almost 6 percent of bitcoin’s value based on 30-day average market caps using data from Artemis, FTSE Russell and Grayscale. As of Sept. 28, bitcoin’s market cap was about $1.678 trillion and XRP’s was $94.08 billion, or about 5.6 percent. Grayscale classed bitcoin as a core asset and XRP as a supplementary candidate.
Crypto
Grayscale says Zcash has potential to challenge Bitcoin
Asset manager Grayscale said privacy coin Zcash (ZEC) could have the potential to counter Bitcoin’s network effects. Grayscale Research said in a report released on Aug. 25 that Zcash has room to compete in the cryptocurrency currency segment. The report coincided with the launch of a spot Zcash ETF, as Grayscale converted its Zcash Investment Trust into the ZCSH spot ETF and listed it on NYSE Arca. Grayscale said ZCSH has a 2.5 percent fee.
People & Events
KB Financial included in FTSE4Good global ESG index for 16th straight year
KB Financial Group has been included in the FTSE4Good Index Series, a global ESG index, for the 16th consecutive year. KB Financial said on Aug. 21 it has been selected for the index’s constituents since 2011, based on an assessment by FTSE Russell. In the latest review, it scored above the industry average across environment, social and governance categories. The group said it has also maintained ratings from MSCI, the Dow Jones Sustainability World Index and CDP.
