Crypto Fund AG Announces New Cryptocurrency Fund…But It’s No ETF

in #bitcoin7 years ago

"Crypto Fund AG recently announced they are introducing the “world’s first diversified cryptocurrency fund”, which is touted as a legitimate investment outlet for professionals. The press release states that it is regulated and controlled. This provides it with more respectability and acceptance and transparency. "

Private Fund versus Exchange-Traded Fund

"The Crypto Fund will be based on a crypto-currencies index that has not yet been chosen, it will be ‘very diversified’ and will respond to the ‘growing demand from qualified investors for a regulated and transparent gateway to crypto-currencies.’ Not listed, it is addressed exclusively to qualified investors."