Advisors can now access the S&P Cryptocurrency Top 10 Equal Weight Index through Eaglebrook’s platform, which combines institutional index methodology with direct ownership, automated tax management, and in-kind funding.
Eaglebrook, a digital asset investment platform for wealth management firms, today announced the launch of the wealth management industry’s first direct indexing capabilities for digital assets. Upon launch, clients can access the S&P Cryptocurrency Top 10 Equal Weight Index through Eaglebrook’s separately managed account (SMA) infrastructure.
The S&P Cryptocurrency Top 10 Equal Weight Index seeks to track the performance of the ten largest eligible cryptocurrencies by market capitalization within the S&P Cryptocurrency Broad Digital Market Index, with each constituent equally weighted.
Eaglebrook’s platform expansion enables financial advisors to implement institutional-grade digital asset indices directly within individual client accounts. The capability combines diversified rules-based portfolio construction with direct asset ownership and automated tax management.
“Our rollout of direct indexing for digital assets speaks to the tremendous demand we have seen across wealth managers who are looking for greater tax alpha and diversification for their clients holding digital assets,” said Christopher King, Founder and CEO of Eaglebrook. “With these expanded capabilities, advisors on our platform can now seamlessly offer advanced tax management while retaining direct control of the underlying assets.”
Bringing Direct Indexing to Digital Assets
Direct indexing has transformed traditional wealth management by allowing advisors to combine index-based investing with greater personalization, tax management and control over the underlying assets.
“We are pleased to provide the S&P Cryptocurrency Equal Weight Index to Eaglebrook to expand how market participants may implement transparent, rules-based digital asset strategies within separately managed accounts,” said Cameron Drinkwater, Chief Product and Operations Officer at S&P Dow Jones Indices. “By facilitating access to this index via Eaglebrook’s infrastructure for direct ownership, automated tax management, in-kind funding and portfolio customization, S&P DJI is expanding access to high-quality, index-based exposures for individually managed digital asset portfolios.”
Eaglebrook’s new crypto direct indexing capabilities allows investors to directly own the underlying digital assets within their individual accounts, while maintaining an institutional-grade, rules-based index strategy.
This structure gives advisors and their clients access to several capabilities that are otherwise difficult to replicate through a pooled investment vehicle, including:
- Automated Tax Management: Direct ownership of the underlying cryptocurrencies enables Eaglebrook to systematically identify tax-loss harvesting opportunities at the individual asset and client-account level, resulting in meaningful tax savings.
- Diversified, Institutional-Grade Exposure: Advisors can provide clients with rules-based diversified, institutional-grade exposure across leading digital assets without having to select and manage individual cryptocurrencies themselves.
- In-Kind Funding: Clients with existing eligible digital asset holdings can transfer those assets directly into their managed account, allowing advisors to incorporate existing positions into the strategy without requiring liquidation.
The launch of crypto direct indexing establishes a dedicated direct indexing capability within the Eaglebrook platform. Eaglebrook expects to make additional institutional indices and customized digital asset portfolios available through the platform over time.
For more information, visit www.eaglebrook.com.
