【】

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.
Featured Video For You
TopicsCryptocurrency
相关文章
Mom discovers security cameras hacked, kids' bedroom livestreamed
A mother in Houston, Texas woke up one morning to pretty much every parent's worst-case scenario. 。 "2025-07-29Wordle today: Here's the answer, hints for October 20
Can't get enough of Wordle? Try Mashable's free version nowCounting down to Friday so you can count2025-07-29'House of the Dragon' episode 8: Viserys' last words to Alicent, explained
Poor, old Viserys.Against all odds, the (very ill, rapidly rotting) King managed to drag himself out2025-07-29‘Armageddon Time’ review: James Gray's white guilt manifesto
Some movies are less than their best intentions. It’s difficult to fully parse writer/director2025-07-29Snapchat is about to explode in popularity, report says
Snapchat is about to have a couple of really good years. 。The company will see huge gains in the numb2025-07-29'Chief Twit' Elon Musk is reportedly starting Twitter layoffs ASAP
Newly minted Twitter owner Elon Musk is following through on his plans to cut jobs at the tech compa2025-07-29
最新评论