{"id":37324,"date":"2025-12-27T09:11:51","date_gmt":"2025-12-27T09:11:51","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=37324"},"modified":"2025-12-27T09:21:08","modified_gmt":"2025-12-27T09:21:08","slug":"what-is-ic15-all-about-indias-first-crypto-index","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index","title":{"rendered":"What is IC15? All About India&#8217;s First Crypto Index"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#What_Is_IC15\" title=\"What Is IC15?\">What Is IC15?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#How_Does_IC15_Work\" title=\"How Does IC15 Work?\">How Does IC15 Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#How_to_Calculate_the_IC15_Index\" title=\"How to Calculate the IC15 Index?\">How to Calculate the IC15 Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#Benefits_of_IC15\" title=\"Benefits of IC15\">Benefits of IC15<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#Important_Factors_Surrounding_IC15\" title=\"Important Factors Surrounding IC15\">Important Factors Surrounding IC15<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#1_Its_Heavy_on_Bitcoin_and_Ethereum\" title=\"1. It\u2019s Heavy on Bitcoin and Ethereum\">1. It\u2019s Heavy on Bitcoin and Ethereum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#2_It_Tracks_Global_Not_Just_Indian_Markets\" title=\"2. It Tracks Global, Not Just Indian Markets\">2. It Tracks Global, Not Just Indian Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#3_Quarterly_Rebalancing_and_Governance\" title=\"3. Quarterly Rebalancing and Governance\">3. Quarterly Rebalancing and Governance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#4_Use_in_Index%E2%80%91Linked_Products\" title=\"4. Use in Index\u2011Linked Products\">4. Use in Index\u2011Linked Products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#5_IC15_Doesnt_Eliminate_Crypto_Risk\" title=\"5. IC15 Doesn\u2019t Eliminate Crypto Risk\">5. IC15 Doesn\u2019t Eliminate Crypto Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ic15-all-about-indias-first-crypto-index\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>India\u2019s crypto ecosystem has matured rapidly, from scattered retail trading to more structured, research\u2011driven participation. As markets grow, investors need tools that simplify one big question: \u2018How is the overall crypto market doing?\u2019 That\u2019s where IC15, India\u2019s first crypto index, comes in. IC15, also called the IC15 index, is designed to track the performance of one of the notable crypto indices emerging out of India that reflects global crypto market performance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_IC15\"><\/span><strong>What Is IC15?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IC15 is a market-capitalisation-based, rule-driven crypto index that tracks the performance of 15 of the most liquid and actively traded crypto globally. Think of it as the crypto equivalent, focused on digital assets instead of listed companies.<\/p>\n\n\n\n<p>Key points explained in simple terms:<\/p>\n\n\n\n<ul>\n<li>IC15 is curated and maintained by CryptoWire, a division of TickerPlant based out of Mumbai.<\/li>\n\n\n\n<li>It tracks 15 major digital currencies selected from among the most traded and most liquid assets across leading global exchanges.<\/li>\n\n\n\n<li>It is intended to serve as a barometer for the global crypto market, rather than simply indicating domestic activity in India.<\/li>\n\n\n\n<li>Typical constituents include blue\u2011chip assets, including <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-bitcoin-mining-and-use-cases\" data-type=\"link\" data-id=\"https:\/\/zebpay.com\/in\/blog\/what-is-bitcoin-bitcoin-mining-and-use-cases\">Bitcoin<\/a>, <a href=\"https:\/\/zebpay.com\/in\/learn\/topics\/what-is-ethereum\">Ethereum<\/a>, Binance Coin, Ripple, and a few other high\u2011volume, high\u2011cap coins.<\/li>\n<\/ul>\n\n\n\n<p>The base value for the IC15 index is 10,000, and the base date is 1 April 2018. This IC15 index reflects about 80% of the movement in the market.<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/zebpay.com\/in\/blog\/indias-crypto-projected-to-reach-15-billion-by-2035\">India\u2019s Crypto Market Estimated to Reach $15 Billion by 2035<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_IC15_Work\"><\/span><strong>How Does IC15 Work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The ic15 index is a rule\u2011based, market\u2011cap\u2011weighted index. That sounds technical, but the underlying logic is pretty straightforward.<\/p>\n\n\n\n<ol>\n<li><strong>Selection universe<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The Index Committee of CryptoWire begins by considering the large crypto universe that usually comprises the top 400 by market capitalization. In this universe, they apply filters for liquidity, trading frequency, and market capitalization.<\/p>\n\n\n\n<ol start=\"2\">\n<li><strong>Selection Criteria<\/strong><\/li>\n<\/ol>\n\n\n\n<p>For a crypto to be eligible for IC15,<\/p>\n\n\n\n<ul>\n<li>It should have traded on at least 90% of the days of trading during the period of review.<\/li>\n\n\n\n<li>Its market capitalisation should be within the top 50 during that period.<\/li>\n\n\n\n<li>It must also be in the top 100 most liquid crypto by traded value.<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li>The top 15 coins are selected from the eligible set to form the index.<\/li>\n<\/ol>\n\n\n\n<ol start=\"4\">\n<li><strong>Weighting method<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The IC15 is a pre-weighted, market-cap-driven index. Each coin in the basket gets a weight broadly proportional to its market capitalization, with caps to avoid over-concentration. For example, Bitcoin and Ethereum together historically have represented upwards of 70% of the weight of the index, reflecting their dominance in the broader market.<\/p>\n\n\n\n<ol start=\"5\">\n<li><strong>Index Calculation &amp; Updates<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The index value arises as the aggregated market cap of 15 coins divided by a divisor, a normalising factor similar to how equity indices are calculated.<\/li>\n\n\n\n<li>The quotations for IC15 are usually issued in US dollars and refreshed, say, every 15 minutes, enabling investors to see the movement of the instrument in real-time.\u200b<\/li>\n\n\n\n<li>The governance committee, composed of domain experts, industry practitioners, and academicians, reviews and rebalances IC15 quarterly. The result of this is that it represents the top crypto market segment.<\/li>\n<\/ul>\n\n\n\n<p>In other words, the crypto index IC15 provides you with a real-time, rules-driven view of how the combined &#8220;top 15&#8221; crypto market is doing at any given moment in time.<\/p>\n\n\n\n<p><strong>Read more:<\/strong> <a href=\"https:\/\/zebpay.com\/in\/blog\/top-10-cryptos-to-invest-in-2025\">Top 10 Crypto to Invest in 2025<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_the_IC15_Index\"><\/span><strong>How to Calculate the IC15 Index?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li>The IC15 index applies the standard market capitalization-based formula for equity indices.<\/li>\n\n\n\n<li>In words, the computation works as follows:<\/li>\n\n\n\n<li>Find the circulating market cap for each of the coins in the IC15 basket (price \u00d7 circulating supply).<\/li>\n\n\n\n<li>Add those market caps together for all 15 coins.<\/li>\n\n\n\n<li>Take that total and divide it by a divisor, a scaling number fixed on the base date and adjusted whenever the basket changes.<\/li>\n\n\n\n<li>Multiply by the base value, 10,000, to get the result in index points.<\/li>\n<\/ol>\n\n\n\n<p>Formally, the formula is:<\/p>\n\n\n\n<p>IC15 Index Value = ( \u03a3 (Pi \u00d7 Qi) \/ D ) \u00d7 10,000<\/p>\n\n\n\n<p>Where:<\/p>\n\n\n\n<ul>\n<li>Pi = Latest price of cryptocurrency i<\/li>\n\n\n\n<li>Qi = Circulating supply of cryptocurrency i<\/li>\n\n\n\n<li>\u03a3 (Pi \u00d7 Qi) = Total circulating market capitalization of all 15 index constituents<\/li>\n\n\n\n<li>D = Index Divisor (adjusted for rebalancing or methodology changes)<\/li>\n\n\n\n<li>10,000 = Base value (set on 1 April 2018)<\/li>\n<\/ul>\n\n\n\n<p>The multiplication by 10,000 reflects the base value chosen for IC15 as of 1 April 2018; this lets the index be quoted in a convenient range (e.g., 10,000 \u2192 70,000+) instead of very small decimals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_IC15\"><\/span><strong>Benefits of IC15<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The IC15 crypto index is designed to be more than just a number on a screen. It provides practical benefits to traders, investors, and product creators.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Benefit of IC15<\/strong><\/td><td><strong>Explanation<\/strong><\/td><\/tr><tr><td>Market Barometer<\/td><td>IC15 offers a simple, single number that captures how the top 15 liquid digital assets are performing overall.<\/td><\/tr><tr><td>Diversified Exposure<\/td><td>By tracking 15 coins, IC15 spreads risk across multiple assets instead of concentrating on just one or two; it reflects roughly 80%+ of the global crypto market by market cap.<\/td><\/tr><tr><td>Benchmark for Products<\/td><td>Asset managers, ETFs, index funds, and structured products can use the ic15 index price as a benchmark to design and evaluate crypto investment products.<\/td><\/tr><tr><td>Transparency &amp; Rules<\/td><td>IC15 follows clear, published rules for inclusion, weighting, and rebalancing, overseen by a governance committee, which enhances trust and reduces subjective biases.<\/td><\/tr><tr><td>Educational Utility<\/td><td>Because its methodology and constituents are public, IC15 also serves as an educational tool for understanding how major cryptos move relative to each other and to macro events.<\/td><\/tr><tr><td>Lower Research Burden<\/td><td>Instead of tracking 100+ coins individually, investors can track ic15 index as a shorthand for the health and trend of the broader crypto market.<\/td><\/tr><tr><td>Basis for Robo\u2011Advisory<\/td><td>Robo\u2011advisors and algorithmic allocators can use IC15 as the core market indicator to build diversified portfolios and SIP\u2011style products at lower cost.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_Factors_Surrounding_IC15\"><\/span><strong>Important Factors Surrounding IC15<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To use or interpret IC15 effectively, it helps to know a few deeper details about how the index behaves and what it represents.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Its_Heavy_on_Bitcoin_and_Ethereum\"><\/span><strong>1. It\u2019s Heavy on Bitcoin and Ethereum<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Historical weightings show Bitcoin and Ethereum together accounting for 70\u201380% of IC15, with BTC alone often above 50% and ETH near 25%. That means:<\/p>\n\n\n\n<ul>\n<li>When BTC and ETH rally, ic15 index price tends to move strongly higher.<\/li>\n\n\n\n<li>When those two correct sharply, the entire index feels the impact even if smaller altcoins are stable.<\/li>\n<\/ul>\n\n\n\n<p>So IC15 is diversified, but still anchored to the performance of the two largest assets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_It_Tracks_Global_Not_Just_Indian_Markets\"><\/span><strong>2. It Tracks Global, Not Just Indian Markets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Even though IC15 was created in India, it is a global crypto index. It tracks coins listed on major international exchanges and reflects global liquidity and market prices. For Indian users, that means:<\/p>\n\n\n\n<ul>\n<li>You\u2019re seeing how top cryptos are doing globally, not just on local order books.<\/li>\n\n\n\n<li>IC15 can serve as a bridge between Indian participation and international crypto trends.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Quarterly_Rebalancing_and_Governance\"><\/span><strong>3. Quarterly Rebalancing and Governance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>IC15 is not static. The governance committee reviews and rebalances the index every quarter:<\/p>\n\n\n\n<ul>\n<li>New coins can be added if they meet trading\u2011day and market\u2011cap thresholds.<\/li>\n\n\n\n<li>Coins that slip in liquidity or ranking can be removed.<\/li>\n<\/ul>\n\n\n\n<p>This ensures that the ic15 index remains representative of the most relevant, actively traded coins rather than being locked to a fixed basket that might become outdated.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Use_in_Index%E2%80%91Linked_Products\"><\/span><strong>4. Use in Index\u2011Linked Products<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Because IC15 is rules\u2011based and public, it can be used to create:<\/p>\n\n\n\n<ul>\n<li>Index funds and index\u2011linked <a href=\"https:\/\/zebpay.com\/in\/blog\/exchange-traded-funds-etfs-and-their-types\">ETFs based<\/a> on the ic15 crypto basket.<\/li>\n\n\n\n<li>Structured notes and derivatives referencing IC15\u2019s performance.<\/li>\n\n\n\n<li><a href=\"https:\/\/zebpay.com\/in\/blog\/a-complete-guide-on-crypto-sips\" data-type=\"link\" data-id=\"https:\/\/zebpay.com\/in\/blog\/a-complete-guide-on-crypto-sips\">SIP\u2011style plans<\/a> that mirror IC15 allocations as part of long\u2011term, diversified strategies.<\/li>\n<\/ul>\n\n\n\n<p>In the future, more sophisticated products may track the ic15 index price directly for both institutional and retail investors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_IC15_Doesnt_Eliminate_Crypto_Risk\"><\/span><strong>5. IC15 Doesn\u2019t Eliminate Crypto Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While index\u2011based investing spreads risk across multiple assets, it does <strong>not remove crypto volatility<\/strong>. IC15 itself has seen sharp swings:<\/p>\n\n\n\n<ul>\n<li>Its base value was 10,000 in 2018, and it climbed over 71,000 by the end of 2021, a 6x move, but with deep drawdowns along the way.<\/li>\n\n\n\n<li>In 2018 alone, IC15 reportedly dropped by around 50%, highlighting that even diversified crypto baskets can be highly volatile compared to traditional indices, where annual drops of 3\u20134% are more typical.<\/li>\n<\/ul>\n\n\n\n<p>So IC15 helps with diversification and benchmarking, but standard crypto risks, price swings, regulatory changes, and market sentiment still apply.<\/p>\n\n\n\n<p><strong>Read more: <\/strong><a href=\"https:\/\/zebpay.com\/in\/blog\/rupee-cost-averaging-rca-in-btc-and-eth\" data-type=\"link\" data-id=\"https:\/\/zebpay.com\/in\/blog\/rupee-cost-averaging-rca-in-btc-and-eth\">Rupee Cost Averaging (RCA) in BTC and ETH<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IC15 connects the regular investor with the global crypto market in all its complexity. It condenses the performance of 15 top liquid cryptocurrencies into one index, pretty much as Nifty or Sensex does for stocks. This makes tracking the \u201cbig picture\u201d rather easier than chasing individual coins.<\/p>\n\n\n\n<p>If one wants to obtain a fast and accurate picture of what is occurring with the top segment of the crypto market, one of the best methods for doing so is by following the price movement of the IC15 index. It will not serve as a replacement for doing your own research, but it goes a long way in helping one frame, compare, and time their crypto decisions better.<\/p>\n\n\n\n<p>In the grand scheme of things, <a href=\"https:\/\/zebpay.com\/in\/blog\">ZebPay blogs<\/a> are here to provide you with crypto wisdom. Get started today and join 6 million+ registered users to explore endless features on <a href=\"https:\/\/zebpay.com\/in\" data-type=\"link\" data-id=\"https:\/\/zebpay.com\/in\">ZebPay<\/a>!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\">Trade Now<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>1. What is IC15 in simple terms?<\/strong><\/p>\n\n\n\n<p>IC15 is a crypto index by CryptoWire that tracks the performance of 15 of the most liquid and widely traded cryptocurrencies globally. This would act as a benchmark for the top section of the global crypto market, pretty much similar to how stock indices track equity baskets.<\/p>\n\n\n\n<p><strong>2. Who launched the IC15 and why?<\/strong><\/p>\n\n\n\n<p>IC15 was launched in 2022 by CryptoWire, a Mumbai-based division of TickerPlant, with the aim of giving traders and investors an insight into the overall performance of the crypto market in a more transparent manner, along with creating an important base for index-linked crypto products in India.<\/p>\n\n\n\n<p><strong>3. Which coins are chosen to form the IC15 index?<\/strong><\/p>\n\n\n\n<p>A coin must:<\/p>\n\n\n\n<ul>\n<li>Be within the top 50 by market capitalization at the review date.<\/li>\n\n\n\n<li>Trade at least 90% of days of the period under consideration.<\/li>\n\n\n\n<li>Be among the 100 most liquid cryptocurrencies by trading value.<\/li>\n\n\n\n<li>Out of this pool, the top 15 are selected according to set regulations.<\/li>\n<\/ul>\n\n\n\n<p><strong>4. How often is IC15 rebalanced or reviewed?<\/strong><strong><br><\/strong>IC15 is reviewed and rebalanced quarterly, typically in March, June, September, and December, by a governance committee of experts, practitioners, and academicians, to ensure it remains representative of the most important and liquid crypto assets.<\/p>\n\n\n\n<p><strong>5. Can I directly invest in the IC15 index?<\/strong><\/p>\n\n\n\n<p>IC15 itself is a benchmark, not a token tradable in itself. It could, however, serve to create index-linked products like funds or ETFs that track the composition of the ic15 index. Whether such a product exists will depend on the local regulations and offerings by asset managers and exchanges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s crypto ecosystem has matured rapidly, from scattered retail trading to more structured, research\u2011driven participation. As markets grow, investors need tools that simplify one big question: \u2018How is the overall crypto market doing?\u2019 That\u2019s where IC15, India\u2019s first crypto index, comes in. IC15, also called the IC15 index, is designed to track the performance of [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":37329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[79,16,109],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/37324"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=37324"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/37324\/revisions"}],"predecessor-version":[{"id":37326,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/37324\/revisions\/37326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/37329"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=37324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=37324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=37324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}