CoinDesk Indices and AMINA Group Partner to Launch Bitcoin Trend Indicator Index

NEW YORK and ZUG, Switzerland, July 1, 2024 /PRNewswire/ -- CoinDesk Indices, a leading provider of digital asset indices since 2014, in partnership with AMINA Bank AG, a leading Swiss crypto bank fully licensed in Switzerland, today launched the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA).

CoinDesk Indices, a leading provider of digital asset indices since 2014, in partnership with AMINA Bank AG, a leading Swiss crypto bank fully licensed in Switzerland, today announced the launch of the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA). The index aims to provide a dynamic exposure to bitcoin with the objective of shifting from bitcoin to USD when price trends are unfavourable, thereby navigating the crypto seasons.

"Together with CoinDesk Indices, we are breaking down barriers with the intention to make digital asset products more accessible and manageable for professional investors," said Amy Yu, CEO APAC of AMINA Group. "AMINA Group has been an early pioneer in regulated crypto investments and continues to distribute new and interesting digital asset related products under our licenses in Switzerland and Hong Kong in compliance with the laws and regulations of the relevant jurisdictions."

BTIAMINA measures the performance of a strategy that dynamically allocates between bitcoin and cash, based on the CoinDesk Bitcoin Trend Indicator (BTI), a quantitative signal which conveys the presence, direction, and strength of the trend in the price of bitcoin using a purpose-built algorithm. The BTI is calculated daily and is derived from historical daily levels of the CoinDesk Bitcoin Price Index (XBX), using a non-discretionary methodology.

Key features of the AMINA CoinDesk BTC Momentum Index include:

"The AMINA CoinDesk BTC Momentum Index represents a significant step forward in providing sophisticated, data-driven tools for bitcoin investors," said Alan Campbell, President of CoinDesk Indices. "Our collaboration with AMINA Bank allows us to bring a unique index to market that combines our expertise in digital asset indices with AMINA's innovative approach to crypto banking and investment solutions."

"Partnering with industry leader CoinDesk Indices to launch the BTIAMINA is a landmark development for the broader crypto investment community," said Gregory Mall, Head of Investment Products & Solutions at AMINA Bank. "This index is a testament to our commitment to innovation and excellence in the digital asset space. We are providing professional investors with a sophisticated tool to navigate the complexities of the bitcoin market with greater confidence and precision. The BTIAMINA Index not only aims to enhance risk-adjusted returns but also reduces the psychological hurdles associated with direct bitcoin investments."

For more details on the BTIAMINA Index, visit: https://aminagroup.com/individuals/investments/amina-coindesk-bitcoin-momentum-note-btiamina

About CoinDesk Indices

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A subsidiary of Bullish, our indices form the foundation of the world's largest digital asset products. Known for their precision and compliance, flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner. Discover more at coindeskmarkets.com.

About AMINA Group

Founded in April 2018 and headquartered in Zug (Switzerland), AMINA Bank AG is a pioneer in the crypto banking industry. In August 2019, AMINA Bank AG received a Swiss Banking and Securities Dealer Licence from the Swiss Financial Market Supervisory Authority (FINMA). In November 2023, AMINA (Hong Kong) Limited received its securities and asset management licenses from the Securities and Futures Commission (SFC). AMINA Bank AG ADGM received its financial license in January 2022 from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The broad, vertically integrated spectrum of services, combined with industry leading security standards, make AMINA Group's value proposition unique. AMINA Group operates globally from its regulated offices in Switzerland, Abu Dhabi, and Hong Kong to offer a broad range of financial and securities services that go from the traditional ones to fiat and crypto services, among others, to innovative professional investors, traditional and crypto-native alike, whether individuals, corporates or institutions. For more information, please visit www.aminagroup.com.

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