Published on June 14th, 2018 | by bitcoin0
Investments Open Between $250k and $20m – Us Coin Base Index Fund
U.S.-based crypto wallet and exchange Coinbase’s Index Fund is now open for large-scale investors, according to an official blog post published yesterday, June 13.
The index includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), as well as Ethereum Classic (ETC), whose addition to Coinbase was announced on June 11.
Coinbase’s blog post notes that the fund will be rebalanced to include any future assets listed on Coinbase.
Coinbase’s Index Fund is part of the company’s recent move to target a more select group of high-stakes players and institutional investors.
At the beginning of June, crypto exchange Binance announced it was seeking 20 partners for the launch of a $1 bln cryptocurrency-based fund.