Huobi Group, founder of the major cryptocurrency exchange Huobi.Pro, not long ago launched the Huobi 10 Index. The Index is based on the Huobi Main Force Index, which is designed to track the 10 most traded cryptocurrencies of the platform against Tether (USDT), an US dollar backed stablecoin, in real time.

News came out just now via Coindesk that the financial data firm includes the relative fresh, but already very popular Index into the Bloomberg Terminal starting from today. This might be surprising for some, but this has been a well awaited addition considering that Huobi.Pro is now the 3rd largest exchange by daily volume according to Coinmarketcap. In addition nice Digital Assets against USDT on the exchange will get also included in Bloomberg’s pricing list.

The Bloomberg Terminal was launched back in 1981 and has been considered as one of the most important real-time market data feeds to date.

(Image taken from Coindesk)

The Huobi 10 Index, as already mentioned above, uses the 10 most traded cryptocurrencies and tracks their performance while also giving a perfect investment opportunity for traders. The results are lower volatility, but also a less riskier approach to investing into the top Digital Assets. The holdings are adjusted according to the component coin pairs of the Huobi main force index.

The Huobi Main Force Index achieved more than good results against BTC. The Alpha, which lasted from March to May, resulted in -0.0028 towards BTC, while the Beta of the index is 0.79. This proves that the product is more than suited for business.

HB10 is the product that tracks the performance of the Huobi 10 Index and is accessible for traders all over the world. Considering that the Coinbase Index Fund has an entry barrier of $250,000 and also only tracks 4 assets next to BTC, the HB10 might just be the best option available on the market.

To talk about the performance, the HB10 product has been holding excellently versus the biggest Digital Asset to date, which is Bitcoin.

While the Huobi’s product has only lost -7% from the original entry price of around 1016, Bitcoin has lost around -15% of it’s value, meaning that the HB10 secondary market trading has been more profitable or rather a better hold since its inception.

Major asset Ethereum also lost almost -15% of its original price during this period as seen below.

Currently the coins that are being tracked by the Huobi 10 Index: HT, BTC, EOS, ETH, BCH, XRP, ETC, LTC, IOST, DASH.

If you are interested in Huobi.Pro’s HB10 you can sign up via this link: Huobi.Pro Exchange