Coinbase Launches Cryptocurrency Index Fund, and Yes, You Can Invest with Bitcoin
Coinbase President and COO Asiff Hirji announced the new product on Tuesday during an appearance on CNBC’s “Fast Money.”
Hirji said that the Coinbase Index Fund — which will initially only be available to accredited investors — will hold market cap-weighted positions in the four cryptocurrencies currently listed on GDAX, the company’s order-book exchange — as well as any cryptoassets that are added to the platform in the future.
Full article: https://www.ccn.com/coinbase-launches-cryptocurrency-index-fund-and-yes-you-can-invest-with-bitcoin/