Sentences with phrase «broad exposure to the cryptocurrency»

With the launch, investors who participate in the fund will own shares meant to reflect the value of the underlying assets, allowing them to achieve what BitWise argues is a broad exposure to the cryptocurrency market.

According to Horsley, prior to March of 2017, investors could gain broad exposure to the cryptocurrency asset class simply by owning bitcoin, which until then represented 85 percent of the total market value.

While these funds do incur an annual management fee, they are an excellent way to receive broad exposure to the cryptocurrency market without having to individuals buy and store each cryptocurrency you would like exposure to.

Not exact matches

Coinbase is not the first to offer a cryptocurrency index fund, which passively invests in a basket of digital assets the same way stock market investors can buy a broad S&P 500 fund, allowing investors to get exposure to the asset class without directly owning Bitcoin and its peers.

Coinbase is not the first to offer a cryptocurrency index fund, which passively invests in a basket of digital assets the same way stock market investors can buy a broad S&P 500 fund, allowing investors to get exposure to the asset class without directly owning Bitcoin and its peers.