Bitwise Asset Management has begun accepting investors into an index fund it has developed offering exposure to cryptocurrencies. The fund, called the Bitcoin Investment Trust, will be available for trading on Coinbase and is expected to launch in early 2018. The fund tracks the top 10 cryptocurrencies and is open to accredited investors. Roughly 60% of its index is tilted towards bitcoin.
Bitwise Asset Management has begun accepting investors into an index fund it has developed offering exposure to cryptocurrencies. The firm claims the fund, called Hold 10, is the first index product giving investors access to digital currencies. The fund tracks the top 10 cryptocurrencies and is open to accredited investors. Roughly 60% of its index is tilted towards bitcoin.