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**Liquid Index Series January 2025 Quarterly Review**
Brave New Coin’s Liquid Index Series has released its quarterly review for January 2025, providing insights into the performance and health of the Bitcoin Liquid Index (BLX), Ethereum Liquid Index (ELX), and XRP Liquid Index (XRPLX).
The report highlights several key findings from the past quarter. Firstly, it notes that the order books of constituent markets have retained their depth, indicating a healthy liquidity environment. Additionally, the average number of transactions per day has also remained consistent.
As a result, no material changes were made to the constituent trust factors for each index (BLX, ELX, and XRPLX). The BNC Governance Committee accepted these updated trust factors and recommended removal of LMAX as a constituent for operational reasons. This change will take effect on Tuesday, January 21st, 2025, at 00:00:00 UTC.
The announcement comes after a thorough review of the market’s performance over the past quarter. The committee’s decision aims to ensure the stability and integrity of the indexes while maintaining their reliability as accurate market indicators.
The BNC team would like to remind users that all changes are now publicly available on our website, providing transparency and clarity for market participants.
Source: bravenewcoin.com
