State Street Launches Bitcoin Indicator

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Investment services company State Street Corporation has announced the launch of its Bitcoin Thematic Indicator series, a tool that quantifies the prevalence and sentiment of media coverage around Bitcoin.

“Over the last few months, media coverage around Bitcoin has grown significantly relative to corporate, financial and economic media markets and continues to trend higher,” Rajeev Bhargava, head of the Investor Behavior Research Team at State Street Associates, said in the announcement. “Our newest Bitcoin series provides a quantitative and timely measure of the tone and intensity of media discussion and reveals additional transparency into this highly sentiment driven market, enabling our clients to make more informed investment decisions.”


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