Crypto News 

Coinbase’s cryptocurrency index fund opens its door to U.S. investors

“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” writes Stan Schroeder for mashable.com. Or you can buy a token like Crypto20, which is a tokenized index fund that tracks the performance of 20 large cryptocurrencies.Now, the fund is officially open for U.S. accredited investors who wish to invest from $250,000 to $20 million.Per Coinbase’s announcement yesterday, a fifth cryptocurrency — Ethereum Classic — will be added to this list in the following months.
 
Source: mashable.com



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