时间:2025-03-07 10:32:46 来源:网络整理编辑:時尚
In March, cryptocurrency exchange Coinbase announced it would be launching an index fund for cryptoc
In March, cryptocurrency exchange Coinbase announced it would be launching an index fund for cryptocurrencies, allowing investors to effortlessly buy a basket of coins traded on Coinbase's exchange GDAX, recently rebranded to Coinbase Pro.
Now, the fund is officially open for U.S. accredited investors who wish to invest from $250,000 to $20 million.
SEE ALSO:Coinbase is adding Ethereum Classic to its exchangeIn a blog post published Tuesday, Coinbase's Asset Management Product Lead Reuben Bramanathan wrote that the company has seen "overwhelming interest from investors" since the original announcement.
The Coinbase Index Fund charges a 2% annual management fee, and invests in all four coins currently listed on Coinbase Pro, weighted by market cap -- Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Per Coinbase's announcement yesterday, a fifth cryptocurrency -- Ethereum Classic -- will be added to this list in the following months.
If the requirements sound prohibitive, there's still hope. Coinbase is "working on launching more funds which are accessible to all investors and cover a broader range of digital assets," the post said. There are other options open to individuals. You can, for example, easily track the fund's performance by investing in the same cryptocurrencies directly through Coinbase. Or you can buy a token like Crypto20, which is a tokenized index fund that tracks the performance of 20 large cryptocurrencies.
Coinbase has been rapidly expanding its portfolio of services and products to accommodate institutional investors this year. In May, the company announced four new major products that cater to the needs of pro investors, including a central liquidity pool, secure cryptocurrency storage, a professional-grade trading platform as well as research and support services.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH. The author of this text does not own, or has not recently owned, C20.
TopicsCryptocurrency
This app is giving streaming TV news a second try2025-03-07 10:04
Best Blink Outdoor deal: Get a certified refurbished two2025-03-07 10:01
YouTube demonetizes Russell Brand's channel following allegations2025-03-07 09:55
YouTube demonetizes Russell Brand's channel following allegations2025-03-07 09:39
Australian football makes history with first LGBT Pride Game2025-03-07 09:25
NASA reveals gash on moon left by crashed Russian Luna2025-03-07 09:15
Google Pixel 8, Pixel 8 Pro officially announced.2025-03-07 08:45
Wordle today: Here's the answer and hints for September 212025-03-07 08:20
Olympics official on Rio's green diving pool: 'Chemistry is not an exact science'2025-03-07 08:01
We may not get new MacBooks in 2023. But here’s the next possible launch.2025-03-07 07:46
Olympian celebrates by ordering an intimidating amount of McDonald's2025-03-07 10:30
Prime Day beauty deals include Solawave, Shark FlexStyle, and more tech2025-03-07 09:48
Best mesh Wifi router deals: Get eero mesh WiFi routers up to 40% off2025-03-07 09:35
Disney+ deal: Get a 32025-03-07 09:34
Satisfy your Olympics withdrawals with Nike's latest app2025-03-07 09:21
How to watch Florida vs. Georgia football without cable: kickoff time, streaming deals, and more2025-03-07 08:57
GTA is heading to Netflix? The streaming giant is reportedly in talks to license it2025-03-07 08:52
Pixel 8 vs. Pixel 8 Pro: What are the biggest differences?2025-03-07 08:33
Darth Vader is back. Why do we still care?2025-03-07 08:18
How to watch Florida vs. Georgia football without cable: kickoff time, streaming deals, and more2025-03-07 08:00