Ah, the WinkDex. It’s the brain child of both Cameron and Tyler Winklevoss, two of the bitcoin community’s most prominent entities.
This simple but effective bitcoin price composite is the official price measure of the Winklevoss’ bitcoin ETF, currently awaiting regulatory approval by the United States Securities and Exchange Commission.
And according to a post made on the Winklevoss Capital website, the price data is now available on Bloomberg in a move some suggest may further legitimize the digital currency in the eyes of traditional financiers.
“We are honored to be working with Bloomberg to bring a blended bitcoin price index to their wide-reaching investor community,” the post read, adding that some new features (of which include an API) will be unveiled in the weeks upcoming.
According to the announcement, the ticker for the WinkDex is very apt: WINKBTCO.
But if you think this is the first bitcoin-related ticker to make it to the Bloomberg system, you’re wrong.
Back in late April, it was announced that users of the Bloomberg terminal would be able to look up bitcoin prices via the VCCY ticker, with data conveniently made available by Coinbase.
The major different here is that Coinbase sets their prices (based on market rates), whereas the WinkDex is a blend of prices at select exchanges.
The Bloomberg terminal is a professional service used by financial professionals. Each license to the service costs upwards of $20,000 per year.
For more information on the WinkDex, visit their official website.