You can now track Bitcoin on NYSE

You can now track Bitcoin on NYSE

NYXBT, as it will be called, will reflect data from the Coinbase bitcoin exchange, which the NYSE made a minority investment in earlier this year.

According to the NYSE, “NYXBT utilizes a unique methodology that relies on rules-based logic to analyze a dataset of matched transactions and verify the integrity of the data to ultimately produce an objective and fair daily value for one bitcoin in U.S. Dollars as of 16:00 London time.”

This is just the first of many bitcoin-based indexes that the NYSE plans to launch, according to a spokesperson. Details about further indexes have yet to be released.

http://www.businessinsider.com/the-nyse-bitcoin-index-2015-5

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