BitMEX to Remove LBank from the .BETHXBT Index

Effective 19 October 2021 at 08:00 UTC, we will remove LBank from our .BETHXBT index. This is due to the persistent irregular price premium relative to other index constituents. 

All traders should be aware that at the time of the removal, the price of the index may fluctuate substantially. Please exercise caution when trading products referencing the .BETHXBT index during this time.

The impacted products are:

As of 19 October 2021 at 08:00 UTC, assuming no additional constituent exchanges have been excluded due to Index Protection Rules, the index weights will be:

Indices

Index Weights

Binance

FTX

Coinbase

Huobi

Kraken

OKEx

Poloniex

.BETHXBT

.BETHXBT_NEXT

67.18%

5.10%

6.86%

8.87%

2.90%

5.96%

3.13%

The BitMEX index methodology is available for reference to further understand BitMEX indices.

If you have any further questions, please contact Support.

The post appeared first on Blog BitMex

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