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Are you eligible for these Crypto-Index Funds?

Daily trading opportunities into cryptocurrency space aren’t meant for the open public. To meet out this requirement, as well as to reach out a new group of investors, many exchanges are launching their own crypto index funds. Managing multiple cryptocurrencies is time-consuming, with so many options available and so much research necessary.

Let’s just glance at various options of the crypto-index fund that are readily available in the market and who all can invest, and what obstacles crypto index funds confront moving forward.

Distinguished Cryptocurrency Index Funds:

Crypto20: A tokenized index fund which robotically tracks the top 20 crypto assets backed by smart contracts where traders and investors are enabled to trade their tokens at any time. This fund automatically trades, which allows it to keep fees much lower than managed funds. There are no hidden exit, broker or advice fees. Everyone but US citizens, according to an SEC disclaimer in fine print at the bottom of its website are eligible to participate in this avenue.

The Cryptocurrencies Index (CCi30): Well, this index tracks the top 30 cryptocurrencies ranked by market capitalization, reweighting assets on QoQ basis. The CCi30 uses an exponentially weighted moving average of market cap and is available through the Cryptos Fund, boasting a 0.99% management fee. Worldwide investors and qualified US investors are eligible.

Coinbase Index Fund LP (CBI): This has now been a global spearhead as an exchange, and hence, it’s no surprise they were one of the first to offer an index fund. The Coinbase Index Fund is a collection of the top assets available on GDAX. Assets are weighted based on market cap and include a 2% management fee and a 0% performance fee. Redemptions can be made quarterly with a 30-day notice period. For now, the US accredited investors with a $250,000 minimum investment are eligible.

Hold 10: This index is run by Bitwise and is composed of the top 10 cryptocurrencies weighted by the 5-year diluted market cap. Assets are rebalanced on a monthly basis. The US accredited investors with a $25,000 minimum investment are eligible.

Blockchain Index (BLX): Available through Iconomi, BLX adjusts its asset list based on fundamental analysis. Weighting is based on the market cap of each asset. Management fees are 3%, and there is a 0.5% exit fee. There are no entry fees for this index, which is tokenized and available to both US and non-US investors.

Crush Crypto Core (CCC): The CCC is designed for those who are looking to invest in undervalued, high-quality assets as a core holding. The list is composed mostly of assets that are deemed to have large real-world adoption. There is a 2.5% management fee, a 0.5% exit fee, and a 0% entry fee. This index is also tokenized and available to all investors.

Index funds are established on the overall performance of a group of assets, rather than one often volatile individual cryptocurrency. While it’s true that the crypto market as a whole remains volatile, index funds help spread this risk and remove some of the need to manage trading.

Do these Crypto-Index Funds match your portfolio? Check-in for eligibility criteria to test luck. While most have been restricted to US accredited investors with a large amount of capital available, new crypto indexes are coming.

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