From what I've experienced so far, I found out that sometimes you can be absorbed into a domain, even though you don't understand all the terms or concepts, so if you're still wondering what an Index Fund is, here's a video that explains just that. I spiced it up with real-life examples, so let me know if it's simple enough for a total beginner to understand, just so I know how to adjust my explanations.
An index fund is a portfolio of stocks or bonds meant to mimic as much as possible the structure, composition, and performance of a financial market index. Among the best-known ones, we could mention Vanguard S&P 500 ETFC Index Fund or Fidelity ZERO Large Cap Index.
If you didn’t know that there are Index Funds in Crypto as well, it is time to find out that you can invest without that many worries in the token of this type of fund, getting the benefits of exposure to several active cryptos simultaneously.
If you want to invest in the most important crypto index funds, you should know that the price and, of course, the value of the token of this type of fund closely follows the price of the crypto assets they represent. Among the most popular cryptocurrencies are, naturally, Bitcoin and Ethereum.
Using blockchain technology, crypto index fund admins offer investors exposure to specific assets, belonging to projects such as Ethereum, Bitcoin, Polygon, Polkadot, Terra, etc.
Two crypto index funds showcased in this video are Invest Like StakeborgDAO Index Fund and CRYPTO20.
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