Both companies
offer exposure to the cryptocurrency market, with Riot investing heavily in blockchain technology.
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.
In terms of my specific business sector, being focused primarily on
cryptocurrency investing and blockchain technology, I've seen multiple blockchain type startups, which many have touted as the future, using Instagram
to generate
exposure for their ICOs (Initial Coin
Offerings).
Hut8 Mining Corp.
offers shareholders
exposure to the operating margins from
cryptocurrency mining plus a growing portfolio of coins.
«By adding the five new
cryptocurrencies to the already robust list of coins that Abra supports, we are continuing
to offer exposure to assets that have traditionally been difficult
to access in a simple and secure way.
Be wary of services
offering to establish an SMSF for you in order
to gain
exposure to cryptocurrencies.
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.
Unlike Grayscale's previous funds, which focus on bitcoin, ethereum classic and zcash, the
offering, formally called the Digital Large Cap Fund, is designed
to give investors
exposure to the five largest
cryptocurrencies based on market capitalization.
«We have increasing client demand for
exposure to cryptocurrencies and I am very pleased that we can now
offer clients
exposure to both Bitcoin and Ethereum through Exchange Traded Notes.
Reports have alleged that many Chinese
cryptocurrency investors are seeking middle - men agencies on Wechat
to facilitate their transactions in order
to bypass the nation's prohibitive virtual currency regulations and access
exposure to initial coin
offerings (ICOs).
It was one of a growing number of efforts
to create financial products around the
cryptocurrency that
offer indirect
exposure to investors.
For passive investors, the fund
offers a simple and cost effective way
to gain
exposure to the world's leading class of
cryptocurrencies.
This is the second major
cryptocurrency ETN Nasdaq has listed for XBT Provider, noteworthy as this makes Nasdaq Stockholm the only European stock exchange
to offer investors
exposure to two of the leading crypto - assets (BTC and ETH).
The firm's next eponymous service will further expand the firm's
cryptocurrency - related
offerings — and Goldman Sachs»
exposure to the nascent industry that Blankfein has called «a vehicle
to perpetrate fraud.»
Bitto is a brand new
cryptocurrency exchange that is currently conducting an initial coin
offering (ICO) that allows participants
to pick up an
exposure to the company and its exchange platform ahead of its primary growth phase.
«With the exponential growth of
cryptocurrencies and their increasing importance in today's culture, the Abra app
offers a timely mobile experience that provides more access and
exposure to these new digital currencies in an easy, quick and safe way,» explains Bill Barhydt, founder and CEO of Abra during the announcement.
In addition
to businesses
offering «
exposure»
to digital assets, two unique countries are embracing
cryptocurrencies.
All three companies
offer exposure to the world of
cryptocurrency, with Riot investing heavily in blockchain, the technology that underpins bitcoin and other digital currencies.
--(SYMM)
offers investors the opportunity
to gain
exposure to the
cryptocurrency market without the complexities of personally trading it themselves.