Published on June 13th, 2018 | by bitcoin0
New Index Fund Live For Investors at Coinbase
Coinbase 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.
“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.”