This week, the S&P Dow Jones announced the addition of five new Cryptocurrency Indices. It also includes an index that tracks more than 240 coins. The S&P Cryptocurrency Broad Market Digital Index (BDM) is the centrepiece of the five new Indices. Currently, there are about 275 Cryptocurrencies with a market cap higher than $100M. However, the S&P Dow Jones hasn't yet disclosed if the market cap will be a deciding factor in the selection process.