Crypto Tradable Indices (CTIs): Objectives, Categories, List

Latest update: 2026/01

Crypto Tradable Indices (CTIs) are rules-based, asset-backed crypto indices designed to provide transparent and investable exposure to different segments, strategies and risk profiles within the digital asset market. They are designed for retail and institutional clients. 

Each CTI follows a predefined methodology, with clear rebalancing rules and publicly available factsheets, allowing investors to understand what they are exposed to, why, and under which risk conditions.

Categories

Our CTIs are divided into six categories: Simple Access, Thematic, Smart Investing, Risk Profiled, Stake & Yield, and External.

Simple Access

CTIs designed to provide straightforward exposure to core crypto assets or broad market benchmarks. They are typically used as entry points or portfolio foundations, with simple construction rules and transparent risk profiles.

Thematic

CTIs focused on specific crypto narratives or sectors (e.g. DeFi, AI, memecoins). They allow investors to express targeted convictions while avoiding single-asset selection risk.

Smart Investing

CTIs built around systematic investment rules, such as momentum, volatility control or dynamic allocation. These indices aim to adapt exposure to changing market conditions while remaining fully rules-based.

Risk Profiled

CTIs combining multiple indices to match predefined risk profiles, from conservative to growth-oriented allocations. Designed to simplify portfolio construction, targeted mainly for IFAs. 

Stake & Yield

CTIs designed to provide yield-oriented exposure, including staking rewards or interest-based strategies, alongside price exposure.

External

CTIs developed following the instructions of external partners, integrating their strategies into our infrastructure to make the index strategies tradable.

List of our CTIs

Simple Access

Bitcoin Ether 50/50

• Live index: https://app.trakx.io/simple-access/bitcoin-ether-50-50 
• Factsheet: https://trakx.io/wp-content/factsheets/l1btceth.pdf 
• Rationale: Balanced exposure to Bitcoin and Ethereum through equal weighting.
• Index launch: 31 March 2021
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Fixed at 2 (BTC, ETH)
• Risk level: High
• Annualized return, as of 2026-01-05: +58.46%
• Annualized volatility, as of 2026-01-05: 66.09%
• Sharpe ratio, as of 2026-01-05: 0.9

Top 10 Crypto

• Live index: https://app.trakx.io/simple-access/top-10-crypto 
• Factsheet: https://trakx.io/wp-content/factsheets/l1mc10cryp.pdf 
• Rationale: Broad exposure to the largest crypto assets by market capitalisation.
• Index launch: 31 October 2020
• Weighting method: Market cap weighted
• Rebalancing: Monthly
• Constituents: Fixed at 10
• Risk level: High
• Annualized return, as of 2026-01-05: +38.15%
• Annualized volatility, as of 2026-01-05: 70.53%
• Sharpe ratio, as of 2026-01-05: 0.5

Smart investing

Digital Inflation Hedge

• Live index: https://app.trakx.io/smart-investing/digital-inflation-hedge
• Factsheet: https://trakx.io/wp-content/factsheets/l1btc15gol.pdf 
• Rationale: Dynamic allocation between tokenized gold and Bitcoin to hedge inflation.
• Index launch: 30 June 2020
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Fixed at 2 (PAXG, Bitcoin Control15 CTI)
• Risk level: Moderate
• Annualized return, as of 2026-01-05: +17.80%
• Annualized volatility, as of 2026-01-05: 12.95%
• Sharpe ratio, as of 2026-01-05: 1.4

BTC Momentum

• Live index: https://app.trakx.io/smart-investing/btc-momentum 
• Factsheet: https://trakx.io/wp-content/factsheets/l1btcmom.pdf 
• Rationale: Dynamic Bitcoin exposure adjusted according to trend/momentum signals.
• Index launch: 14 March 2024
• Weighting method: Rules-based dynamic BTC allocation
• Rebalancing: Daily
• Constituents: Fixed at 2 (BTC, USDC), dynamic exposure level
• Risk level: Moderate
• Annualized return, as of 2026-01-05: +4.24%
• Annualized volatility, as of 2026-01-05: 28.38%
• Sharpe ratio, as of 2026-01-05: 0.1

Recovery

• Live index: https://app.trakx.io/smart-investing/recovery 
• Factsheet: https://trakx.io/wp-content/factsheets/l1recover.pdf 
• Rationale: High-beta diversified basket designed to capture rebound phases after market drawdowns.
• Index launch: 1 November 2023
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Fixed at 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: +1.25%
• Annualized volatility, as of 2026-01-05: 90.33%
• Sharpe ratio, as of 2026-01-05: 0.0

Bitcoin Control15

• Live index: https://app.trakx.io/smart-investing/bitcoin-control15 
• Factsheet: https://trakx.io/wp-content/factsheets/l1vol15btc.pdf 
• Rationale: Volatility-targeted Bitcoin exposure designed to smooth risk and reduce drawdowns.
• Index launch: 30 April 2020
• Weighting method: Volatility control mechanism with a 15% target
• Rebalancing: Monthly
• Constituents: Fixed at 2 (BTC, USDC), dynamic exposure level
• Risk level: Low
• Annualized return, as of 2026-01-05: +17.96%
• Annualized volatility, as of 2026-01-05: 16.52%
• Sharpe ratio, as of 2026-01-05: 1.1

Thematic

AI Agents

• Live index: https://app.trakx.io/thematic/ai-agents 
• Factsheet: https://trakx.io/wp-content/factsheets/l1aiag.pdf 
• Rationale: Exposure to tokens linked to the AI agents narrative in crypto.
• Index launch: 6 March 2025
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Fixed at 20
• Risk level: Very high
• Annualized return, as of 2026-01-05: -66.17%
• Annualized volatility, as of 2026-01-05: 102.95%
• Sharpe ratio, as of 2026-01-05: -0.6

Artificial Intelligence

• Live index: https://app.trakx.io/thematic/artificial-intelligence 
• Factsheet: https://trakx.io/wp-content/factsheets/l1ai.pdf 
• Rationale: Diversified basket of AI-related crypto projects and infrastructure.
• Index launch: 12 December 2023
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -32.35%
• Annualized volatility, as of 2026-01-05: 101.79%
• Sharpe ratio, as of 2026-01-05: -0.3

Cardano Ecosystem

• Live index: https://app.trakx.io/thematic/cardano-ecosystem 
• Factsheet: https://trakx.io/wp-content/factsheets/l1cardano.pdf 
• Rationale: Basket of key tokens building on and around the Cardano ecosystem.
• Index launch: 10 January 2024
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Fixed at 5
• Risk level: Very high
• Annualized return, as of 2026-01-05: -65.42%
• Annualized volatility, as of 2026-01-05: 102.95%
• Sharpe ratio, as of 2026-01-05: -0.6

Centralised Exchanges

• Live index: https://app.trakx.io/thematic/centralised-exchanges 
• Factsheet: https://trakx.io/wp-content/factsheets/l1cex.pdf 
• Rationale: Exposure to major exchange-related tokens benefiting from trading activity and adoption.
• Index launch: 30 April 2020
• Weighting method: Market cap weighted with a cap of 50%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: High
• Annualized return, as of 2026-01-05: +63.64%
• Annualized volatility, as of 2026-01-05: 75.42%
• Sharpe ratio, as of 2026-01-05: 0.8

DePIN

• Live index: https://app.trakx.io/thematic/depin 
• Factsheet: https://trakx.io/wp-content/factsheets/l1depin.pdf 
• Rationale: Basket of DePIN tokens focused on decentralized physical infrastructure networks.
• Index launch: 29 January 2024
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -45.71%
• Annualized volatility, as of 2026-01-05: 88.36%
• Sharpe ratio, as of 2026-01-05: -0.5

Decentralised Exchanges

• Live index: https://app.trakx.io/thematic/decentralised-exchanges 
• Factsheet: https://trakx.io/wp-content/factsheets/l1dex.pdf 
• Rationale: Exposure to leading DEX protocol tokens driving on-chain trading.
• Index launch: 30 April 2020
• Weighting method: Market cap weighted with a cap of 15%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: +4.96%
• Annualized volatility, as of 2026-01-05: 94.41%
• Sharpe ratio, as of 2026-01-05: 0.1

Gaming

• Live index: https://app.trakx.io/thematic/gaming 
• Factsheet: https://trakx.io/wp-content/factsheets/l1game.pdf 
• Rationale: Basket of gaming and virtual world tokens tied to Web3 entertainment.
• Index launch: 12 March 2024
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -72.62%
• Annualized volatility, as of 2026-01-05: 89.35%
• Sharpe ratio, as of 2026-01-05: -0.8

Interoperability

• Live index: https://app.trakx.io/thematic/interoperability 
• Factsheet: https://trakx.io/wp-content/factsheets/l1inter.pdf 
• Rationale: Exposure to interoperability protocols and cross-chain infrastructure.
• Index launch: 1 March 2022
• Weighting method: Market cap weighted with a cap of 50%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: High
• Annualized return, as of 2026-01-05: -36.08%
• Annualized volatility, as of 2026-01-05: 76.85%
• Sharpe ratio, as of 2026-01-05: -0.5

Lending

• Live index: https://app.trakx.io/thematic/lending 
• Factsheet: https://trakx.io/wp-content/factsheets/l1len.pdf 
• Rationale: Diversified basket of lending/credit protocol tokens.
• Index launch: 30 April 2020
• Weighting method: Market cap weighted with a cap of 38%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: +16.88%
• Annualized volatility, as of 2026-01-05: 88.78%
• Sharpe ratio, as of 2026-01-05: 0.2

Top Blockchains

• Live index: https://app.trakx.io/thematic/top-blockchains 
• Factsheet: https://trakx.io/wp-content/factsheets/l1mc10bsc.pdf 
• Rationale: Diversified layer-1 exposure across the most relevant blockchains.
• Index launch: 2 July 2022
• Weighting method: Market cap weighted with a cap of 30%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: High
• Annualized return, as of 2026-01-05: +31.97%
• Annualized volatility, as of 2026-01-05: 60.93%
• Sharpe ratio, as of 2026-01-05: 0.5

Top 10 DeFi

• Live index: https://app.trakx.io/thematic/top-10-defi 
• Factsheet: https://trakx.io/wp-content/factsheets/l1mc10defi.pdf 
• Rationale: Benchmark-like exposure to the largest DeFi tokens by market cap.
• Index launch: 30 August 2020
• Weighting method: Market cap weighted with a cap of 25%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -2.06%
• Annualized volatility, as of 2026-01-05: 94.41%
• Sharpe ratio, as of 2026-01-05: 0.0

NFT Metaverse

• Live index: https://app.trakx.io/thematic/nft-metaverse 
• Factsheet: https://trakx.io/wp-content/factsheets/l1mc10nft.pdf 
• Rationale: Thematic exposure to NFT/metaverse-related tokens.
• Index launch: 31 March 2021
• Weighting method: Market cap weighted with a cap of 15%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -44.96%
• Annualized volatility, as of 2026-01-05: 98.73%
• Sharpe ratio, as of 2026-01-05: -0.5

Top 10 Proof of Stake

• Live index: https://app.trakx.io/thematic/top-10-proof-of-stake 
• Factsheet: https://trakx.io/wp-content/factsheets/l1mc10pos.pdf 
• Rationale: Broad PoS benchmark exposure across major protocols.
• Index launch: 31 March 2021
• Weighting method: Market cap weighted with a cap of 15%
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: -9.46%
• Annualized volatility, as of 2026-01-05: 78.13%
• Sharpe ratio, as of 2026-01-05: -0.1

Memes

• Live index: https://app.trakx.io/thematic/memes 
• Factsheet: https://trakx.io/wp-content/factsheets/l1meme.pdf 
• Rationale: Designed to replicate the performance of leading meme tokens.
• Index launch: 1 November 2023
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: Very high
• Annualized return, as of 2026-01-05: +12.66%
• Annualized volatility, as of 2026-01-05: 112.38%
• Sharpe ratio, as of 2026-01-05: 0.1

Real World Assets

• Live index: https://app.trakx.io/thematic/real-world-assets 
• Factsheet: https://trakx.io/wp-content/factsheets/l1rwa.pdf 
• Rationale: Basket targeting tokenization / RWA narratives.
• Index launch: 14 December 2023
• Weighting method: Equal weighted
• Rebalancing: Monthly
• Constituents: Maximum 10
• Risk level: High
• Annualized return, as of 2026-01-05: 3.17%
• Annualized volatility, as of 2026-01-05: 88.36%
• Sharpe ratio, as of 2026-01-05: 0.0

Risk profiled

Balanced

• Live index: https://app.trakx.io/risk-profiled/balanced 
• Factsheet: https://trakx.io/wp-content/factsheets/l1balanced.pdf 
• Rationale: Multi-CTI allocation designed to target a balanced risk profile.
• Index launch: 31 December 2022
• Weighting method: Rules-based
• Rebalancing: Monthly
• Constituents: Fixed at 3 (Top Blockchains, Bitcoin Ether 50/50, Bitcoin Control15)

Conservative

• Live index: https://app.trakx.io/risk-profiled/conservative 
• Factsheet: https://trakx.io/wp-content/factsheets/l1conserv.pdf 
• Rationale: Multi-CTI allocation designed to target a more conservative risk profile.
• Index launch: 31 December 2022
• Weighting method: Rules-based
• Rebalancing: Monthly
• Constituents: Fixed at 3 (Bitcoin Control15, Bitcoin Ether 50/50, Top Blockchains)

Growth

• Live index and factsheet: https://app.trakx.io/risk-profiled/growth 
• Factsheet: https://trakx.io/wp-content/factsheets/l1growth.pdf 
• Rationale: Multi-CTI allocation designed to target a growth-oriented risk profile.
• Index launch: 31 December 2022
• Weighting method: Rules-based
• Rebalancing: Monthly
• Constituents: Fixed at 2 (Top Blockchains, Bitcoin Ether 50/50)

Stake & Yield

Staked Matic

• Live index: https://app.trakx.io/stake-yield/staked-matic 
• Factsheet: https://trakx.io/wp-content/factsheets/l1stkmatic.pdf 
• Rationale: Yield-oriented exposure combining price exposure with staking economics.
• Index launch: 31 December 2022
• Weighting method: 100% MATIC
• Rebalancing: Daily
• Constituents: Fixed at 1 (MATIC)
• Risk level: Very high

EURc Earn

• Live index: https://app.trakx.io/stake-yield/eurc-earn 
• Rationale: EUR-denominated yield sleeve intended to prioritise stability and carry over price beta.

USDc Earn

• Live index: https://app.trakx.io/stake-yield/usdc-earn 
• Rationale: USD-denominated yield sleeve intended to prioritise stability and carry over price beta.