Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021.
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In today’s edition of The Daily we cover stories about Robinhood expanding to its 25th American state, recently discovered mining malware, Coinbase ditching its crypto index fund, and a new blockchain job for a former advisor to president Trump. Also Read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering Robinhood Reaches 25th […]
The post The Daily: Robinhood Reaches 25th State, Fake Adobe Crypto Malware appeared first on Bitcoin News.
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Morgan Creek Digital, an asset management firm backed by multi-billion dollar investment advisor Morgan Creek Capital Management, has announced the launch of the Digital Asset Index Fund in partnership with Bitwise Asset Management. Also Read: The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison Opening Up Crypto for Pension Funds According to […]
The post Morgan Creek Launches Digital Asset Index Fund for Institutional Investors appeared first on Bitcoin News.
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Why wait for an ETF? Bitwise Index Services, a subsidiary of Bitwise Asset Management, has announced the launch of three new indexes covering the mid-cap, small-cap, and total-market segments of the crypto market, as well as the renaming of its HOLD 10 Index as the 10 Large Cap Crypto Index. Also Read: The Daily: Stoners […]
The post Bitwise Launches Three New Cryptocurrency Market Index Funds appeared first on Bitcoin News.
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Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase […]
The post Coinbase Cryptocurrency Index Fund Now Open For Investment appeared first on Bitcoin News.
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Day trading cryptocurrency isn’t for everyone. For that reason, as well as to reach a new group of investors, many exchanges are launching their own crypto index funds. Managing multiple cryptocurrencies is time-consuming, with so many options available and so much research necessary. Index funds are based on the overall performance of a group of assets, rather than one often volatile individual cryptocurrency. While it’s true that the crypto market as a whole remains volatile, index funds help spread this risk and remove some of the need to manage trading. While most have been restricted to US accredited investors with a large amount of
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Circle is going after fresh entrants to the cryptocurrency trading market with a new tool that allows them to invest in multiple coins as once. This feature is different than an index fund in a few crucial ways, perhaps most importantly being available to everyday investors not just the rich and trading professionals. Also Read: Economics […]
The post Circle Adds New Feature Allowing Newbies to ‘Buy the Market’ appeared first on Bitcoin News.
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In theory, hedge funds employ complex investment strategies that should allow them to achieve high returns both in bearish and bullish markets. In practice many fail due to short term thinking and over-leveraged trading. These can be especially costly and not suitable for the young and volatile cryptocurrency market as any long time bitcoin HODLer […]
The post Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist appeared first on Bitcoin News.
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It’s been a long time coming, but Coinbase has finally gotten its own index fund. On March 6, Coinbase announced it would offer an index fund sometime in 2018. Accredited US investors will now be able to speculate on the health of the crypto market through one fund instead of buying individual tokens. This addition from one of the world’s most popular exchanges could help bring new investors to cryptocurrency. What took so long? While Coinbase is continually evolving to meet market demand, it’s faced several hurdles since earning 43% of its annual income last December. Since then, rumors of new coins being
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It has been a busy few days for the US’s biggest exchange, Coinbase. They have been fighting fresh lawsuits and allegations, battling circulating rumors, and even launched an Index fund as they continue to maintain a frontier of cryptocurrency trading
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