Coinbase Index funds open for investors

coinCoinbase Index funds are now open to investors with a minimum investment of $250,000 with a cap of $20 million. The index fund will track cryptos which are listed in its subsidiary GDAX. The fund will hold Bitcoin, Ethereum, Bitcoin cash and Litecoin as of now and proportion of the individual’s assets will be based on the weighted average by market capitalization.

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Index holdings will change in future when more assets are added in the GDAX exchange, for instance, Ethereum classic which will be added in the index in the Q4 2018.

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