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NYSE offers exchange-calculated bitcoin index, with more to come

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NYSE will start offering a bitcoin index every day starting with data from transactions on Coinbase Exchange.

The New York Stock Exchange (NYSE) has announced the launch of NYSE Bitcoin Index (NYXBT), the first exchange-calculated and disseminated bitcoin index.

NYXBT will be the US dollar value of one bitcoin based on transactions occurring on bitcoin exchanges selected by NYSE. The index will be calculated as of 4 p.m. London time and published shortly thereafter.

The bitcoin-based index appears to be the first of more soon-to-be-released indexes by NYSE, according to statements made by NYSE group pre

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