The reconstitution and rebalance of the Nasdaq Crypto Index Family will take place on June 1st, 2023.
In accordance with their respective index methodologies, constituents and free float supplies as observed at 16:00:00 UTC on May 19th, 2023 are as published in the document that can be downloaded from this link.
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Digital assets traded mixed over the week: ETF inflows returned and the mega caps carried our headline indices, while high-beta names and diversified breadth lagged. DeFi led the themes, meme coins absorbed a governance attack, implied volatility kept compressing.

Gabriel Selby
The relief rally extended for a second week with Market +2.27%, but the real story is risk appetite: Liquidity led styles at +1.51% as thinner, less liquid names caught a bid. Value paused at -0.79% yet still leads over four weeks. Defensive tilts kept unwinding into the bounce.

Mark Pilipczuk
Iran risk, regulatory policy, Bitcoin rebalancing, tokenization, and protocol revenue are reshaping the outlook. Growth is narrowing, but regulatory progress and productive on-chain activity create offsets. Dispersion, not broad beta, should define the next year.

Gabriel Selby
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