PANews reported on February 14 that according to PRNewswire, Bloomberg announced the launch of the Bitcoin and Gold Hybrid Index, one of the first multi-asset indexes that combines commodities and digital assets. The new index includes the Bloomberg Bitcoin and Gold Equal Weight Index (BBIG) and the Bloomberg USD, Bitcoin and Gold Equal Weight Index (BBUG).

The BBUG index combines the defensive attributes of the U.S. dollar with the long-term uncorrelated characteristics of Bitcoin and gold, providing investors with the possibility of long-term positive returns. It is expected that more hybrid indices of commodities and digital assets will be launched in the future.