The IDX Crypto Opportunity index (COIN) is available on SMArtX Advisory Solutions’ managed accounts platform.
COIN is designed to allocate between cryptocurrencies and fixed income ETFs by exploiting short-term momentum.
It looks to provide an allocation option for investors who are looking to use factors to extract performance from a traditionally very volatile asset class.
Ben McMillan, founding partner and CIO of IDX Insights, commented: “While several long-only crypto-currency indexes exist, there were none that took a tactical approach to deploying risk-capital when the risk/return profiles look most favourable.
“Nascent asset classes often provide an opportunity for substantial returns but come with elevated volatility and considerable drawdowns; bitcoin (and the other cryptocurrencies) have been no different.
“We have seen increased investor interest in the space but believe that a long-only approach simply does not make sense for most investors.”
The move comes a day after the Securities and Exchange Commission (SEC) delayed its decision on three bitcoin ETFs to later this year.