[rektlessness]

I suggest those interested in Crypto Index Traded Funds to look into Crypto20. This fund provides a way to track the performance of the crypto markets as a whole by holding a single crypto asset.

"Crypto20 is a tokenized, closed-end index fund (CEF) which passively tracks the top twenty cryptocurrency assets by market capitalisation. All profits are reinvested into the fund."

Here is the link to the whitepaper for those interested: https://static.crypto20.com/pdf/c20-whitepaper.pdf

[afishisafish]

There's also the Dutch https://triaconta.com which offers the Combicoin as an ERC20 token on the Ethereum network.

[haggenballs]

One thing I really don't like about Crypto20 is this:

"The liquidation option offers a price floor protection – this ensures the price never drops below that of the underlying assets because of market manipulation. Prices are, however, free to increase as speculative value is created by the high demand for a low-cost, diversified and automated cryptocurrency portfolio that can be held as a single token"

A unit of Crypto20 can be trading at a premium to the actual underlying assets.

[marc1]

Why don’t you like that it trades at a premium? It is a close-ended fund.

[solotronics]

his transparent is this fund?