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December 12, 2017 12:00 pm GMT
Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which ones to choose and how to buy and… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qK5rltIDRWY/
Bitwise Investments raises $4M to launch its crypto index fund
Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which ones to choose and how to buy and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/qK5rltIDRWY/
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