Description of the SILK basket and composition.
The following is the current breakdown of the SILK basket index:
- USD: 33.5%
- EUR: 22.9%
- JPY: 11.1%
- CAD: 7.5%
- Gold: 18.7%
- Bitcoin: 6.3%
Basket composition criteria is based on GDP, degree of monetary policy health, and the efficiency of the underlying economy, as well as growth potential. Bitcoin and gold are included as inflationary hedges.
To learn more about the basket, watch the following video:
Silk Peg Research Video