时间:2025-08-02 03:16:56 来源:网络整理编辑:焦點
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
Olympics official on Rio's green diving pool: 'Chemistry is not an exact science'2025-08-02 02:44
Man in massive penis costume sneaks onto live CNN broadcast2025-08-02 02:07
Paul Ryan just wants Republicans to unite 'before the fall'2025-08-02 02:07
Amber Riley addresses body shamers in beautiful Instagram rant2025-08-02 01:55
Katy Perry talks 'Rise,' her next batch of songs, and how to survive Twitter2025-08-02 01:24
Thom Yorke did a lot of scolding at the latest Radiohead concert2025-08-02 01:09
'Human target' tries to raise funds for sister's cancer treatment2025-08-02 00:56
Alarm clock makes you fresh coffee for when your morning sucks2025-08-02 00:52
17 questions you can answer if you're a good communicator2025-08-02 00:49
Xiaomi buys 1,500 Microsoft patents, showing how much it wants the US market2025-08-02 00:46
These glasses hide a fitness tracker on your face2025-08-02 03:07
Refugees, Europeans stare at each other for 4 minutes in moving video2025-08-02 03:06
New York's antiquated steering wheel law poses roadblock to driverless cars2025-08-02 02:55
Bill Cosby will stand trial for sexual assault2025-08-02 02:47
Plane makes emergency landing after engine rips apart during flight2025-08-02 02:40
Facebook may add end2025-08-02 02:34
Inside the massive Bollywood theme park that's opening in Dubai this year2025-08-02 02:32
Students pull colorful yearbook prank using identical Hawaiian shirts2025-08-02 02:21
WhatsApp announces plans to share user data with Facebook2025-08-02 01:59
NFL GM says humans aren't meant to play football, backtracks faster than Cam Newton2025-08-02 01:01