The World’s First Cryptocurrency Index Funds.

06.12.2017 / 10:15

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New cryptocurrencies are launched every day, and the wave is still growing as innovations attempt to come to market. As coins continue to be introduced, it becomes more and more complicated for investors to know which ones to invest in. With over 1000 cryptocurrencies to choose from, investors are likely to face choice paralysis as volatility continues to rock the market and it becomes harder to weigh up and mitigate risk.

Enter a solution that looks to take the pain out of filtering through the myriad of investment choices - The World’s First Cryptocurrency Index Funds.

What is a cryptocurrency index fund?
A traditional index fund is essentially a form of mutual investment whereby the portfolio of companies is based on a market index. Index funds offer automated trading which incurs much lower fees than managed funds. Index funds have consistently outperformed actively managed funds since their inception. In the cryptocurrency world, index funds are used to track the performance of a certain number of cryptocurrencies. The rebalancing can be done either on a daily, weekly or monthly basis. Some investors would be interested in buying a portfolio of say, Bitcoin, Ethereum and Litecoin. Buying each of these individually is a complicated and time-consuming process. With an index fund, it is possible to invest in the top 10, 20 or 50 cryptocurrencies without having to do so manually.

CRYPTO20 already has a solution that is set to revolutionize the way investors profit from cryptocurrencies. Similar to the S&P500 which tracks the top 500 US companies, CRYPTO20 is the first tokenized crypto-only index fund that tracks the top 20 cryptocurrencies.

Source: Bloomber Pro Terminal
Trader-G.Bozhidarov

Varchev Traders

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The World’s First Cryptocurrency Index Funds.

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