New Index Fund Live For Investors at Coinbase – Bitcoints

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Published on June 13th, 2018 | by bitcoin

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New Index Fund Live For Investors at Coinbase

New Index Fund Live For Investors at CoinbaseCoinbase has formally launched a new index fund product aimed at large investors.
Announced Wednesday in a blog post by product lead Rueben Bramanathan, the Coinbase Index Fund is now “open for investments” with a minimum required investment of $250,000.
The fund will give investors access to all of the assets currently listed on Coinbase, which at present include bitcoin, bitcoin cash, ethereum, litecoin and now ethereum classic.
Bramanathan wrote:
“We’ve seen overwhelming interest from investors since we announced the fund earlier this year.
However, the fund is not yet open to everyone – Bramanathan noted that, “At this stage, Coinbase Index Fund is only open to US-resident accredited investors.”

Source: Www.coindesk.com

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