The new a16z crypto fund will be focused towards investing in cryptocurrency projects and companies with a long-term goal spanning to over a decade.
A newly launched crypto index fund called OK06ETT gives investors exposure to a basket of six major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH).
The intensive development of the crypto economy opened up a wide set of options for new types of investments. The acquisition of cryptocurrencies and tokens of ICO projects have become a substantial alternative to traditional investment options.
Just like the Dow Jones Industrial Average, the Coinbase’s Crypto Index Fund will reflect all the major trends and shifts in the cryptocurrency market.
Grayscale, the company that launched Bitcoin Investment Trust, launches new ‘Digital Large Cap Fund’. The Fund is tied to 5 top cryptocurrencies. Each digital asset will be evaluated, less the fund’s expenses and other liabilities.
First Crypto ETF, also known as the world’s first cryptocurrency exchange traded fund (ETF), announced the launch of its unique platform, using blockchain technology and company’s own proprietary authorized engine, which perfectly manages digital assets.