Bitcoin Offerings

Spot Price. Trend Signal. Futures.

CoinDesk Bitcoin Price Index (XBX)


24H return

Historical Rates & Volumes

The CoinDesk Bitcoin Price Index (XBX) provides a USD-denominated reference rate for the spot price of Bitcoin (BTC). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.

Given the potential for anomalies or manipulation at individual exchanges, constituent weights may dynamically adjust using CoinDesk Indices proprietary Constituent Weighting Adjustment Algorithm (CWAA). The algorithm is designed to calculate a real-time index that is an accurate and reliable reflection of the market price of each digital asset, using multi-sourced spot prices and dynamically reduce the weights of individual exchanges with lower liquidity, inactivity, and higher price variance.

For updated information on our index announcements, methodologies, index policies, index catalogues, reconstitution calendars and consultations, please visit our Governance page.

Products Linked to XBX

*These indices are products for financial institutions, and are separate from the prices that CoinDesk publishes on


  • CoinDesk Single Digital Asset Indices Methodology

  • CoinDesk Digital Asset Indices Policy Methodology

Usage and licensing

If you require access to real time or historic data for this index to power a product or service or are interested in licensing the index for the creation of a financial product, investment fund or derivative instrument please contact

Relevant Content

Recent Announcements