Coinbase launches Bitcoin gold stored value index COINSOV

According to BusinessWire, global index provider MarketVector and Coinbase Asset Management announced the joint launch of Coinbase Store of Value Index (COINSOV). The index is based on a framework of rules, combines Bitcoin and gold, and dynamically adjusts asset allocation ratios to respond to market fluctuations, aiming to help investors maintain purchasing power in different market cycles. COINSOV rebalances quarterly based on the reverse volatility of assets, striving to capture bitcoin's rising potential while maintaining a stable retracement performance similar to gold. MarketVector's research shows that the index returns better than traditional static configurations after risk-adjustment and has smaller retractions.