Morgan Creek Launches Crypto Index, Snubs XRP
With the bitcoin price perched above $7,000 and moving higher, there’s no better time to debut a new investment product, and a couple of investment firms have pounced on the momentum. Morgan Creek Capital Management, which boasts $1.5 billion in assets under management, has teamed up with Bitwise Asset Management for a cryptocurrency-fueled index fund that’s designed to attract institutional capital.
The Digital Asset Index Fund is like the CRB of crypto only instead of commodities, it gives investors exposure to a “basket” of leading digital currencies that match the strategy.
Perhaps just as striking as the components in the index are those being left out — No. 3 cryptocurrency XRP as well as No. 6 coin Stellar. For its part, blockchain-based cross-border s
When I grow up I want to be a dinosaur
:P
Coins mentioned in post:
thanks for the info :-)
Great Post 😆
thanks bro
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