Strony

Friday, September 10, 2021

A new crypto index fund of Bitwise

There's a new option if you are looking to invest in cryptocurrencies. The fund manager Matt Hogan just launched the bitwise 10x bitcoin crypto index fund. The fund works with financial advisors, hedge funds and other investors. A lot of them came into the crypto market a year ago and bought a cryptocurrency such as bitcoin. However, as Matt Hogan explains, this kind of investors would like to invest in a whole bunch of instruments such as nfts, defy etc.  This fund makes it easy for those investors to own everything else in crypto in one single fund to complement their bitcoin exposure and that's why the fund designed it.The fund currently has a pretty hefty minimum investment so it's not for everyone. It's a 25 000 minimum investment and open only to accredited investors.

 


As they state, Bitwise builds its index based on Etherum, Cardano, Solana, Bitcoin cash, Chainlink and many more but not bitcoin.