no I think it only covers the subset of NFTs on ethereum, not the whole market by any means.
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This DeFi project created a way to bet on the entire NFT market
United States News News
In this episode of The Scoop, Cryptex co-founder Joe Sticco shares the details behind the upcoming JPEGz NFT index token, including why the index token is a good way to speculate on the future growth of the NFT sector.