Swiss structured products specialist Leonteq has partnered with LIXX Index Innovation to launch a new crypto index family aimed at lowering the risk of loss when investing in crypto assets.
Leonteq has launched the Leonteq Bitcoin Lock-In 80% Index, a new index seeking to manage the risk of loss when investing in crypto assets by keeping approximately 80% of the one-year historical index peak in a cash reserve, while the rest is invested in bitcoin. LIXX as index administrator monitors the allocation daily and adjusts the weightings to cash reserve and bitcoin if new index peaks are recorded. To avoid excessive trading and the costs associated with it, the cash reserve is only ad