Index ETF Tracking 10 Cryptocurrencies Filed With SEC

Bitwise Asset Management has announced its plan to launch “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).” A registration statement has been filed with the U.S. Securities and Exchange Commission. The fund will track the returns of the company’s Hold 10 Index which aims to capture 80% of the total market capitalization of the cryptocurrency … Read more

Coinbase to Launch its First Crypto Index Fund

Popular US cryptocurrency exchange Coinbase announced today the launch of its first ever index fund. Global Digital Asset Exchange (GDAX), which is owned by the San Francisco-based retail exchange, will provide to its accredited investors the option of buying the lot, all assets, weighted, into one financial product. Also read: Québec Premier: We’re Not Really Interested … Read more

Crypto Index Fund Bitwise Delivers 45% Return in First Two Months

These days more players on Wall Street are adopting bitcoin as a new vehicle that can potentially deliver amazing growth opportunities, and traditional investors are reaping the benefits. An index fund operated by Bitwise, for example, has delivered a 45% return in its first two months. Also Read: Cryptocurrency Regulator Found Dead at His Home … Read more