The move has been taken in order to attract investors who are familiar with lower-fee index funds in other asset classes, the exchange said. This will help introduce a new category of institutional investors into the cryptocurrenc...
The investors can invest from $250,000 to $2 million.
The Coinbase Index Fund was first announced by Assif Hirji, the COO of Coinbase during an appearance on ‘Fast Money’ on CNBC. It will feature all digital assets listed on the GDAX cryptocurrency exchange.
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