Coinbase's cryptocurrency index fund opens its door to U.S. investors
In March, cryptocurrency exchange Coinbase announced it would be launching an index fund for cryptocurrencies, allowing investors to effortlessly buy a basket of coins traded on Coinbase's exchange GDAX, recently rebranded to Coinbase Pro.
Now, the fund is officially open for U.S. accredited investors who wish to invest from $250,000 to $20 million.
In a blog post published Tuesday, Coinbase's Asset Management Product Lead Reuben Bramanathan wrote that the company has seen "overwhelming interest from investors" since the original announcement. Read more...More about Fund, Coinbase, Cryptocurrency, Coinbase Index Fund, and Tech