Coinbase Update: Launch of Index Fund for Big-Time Investors

Coinbase has recently launched their new digital currency index fund. The index fund was created to for big investors. They will have access to the five cryptocurrencies that are currently on the Coinbase platform. The index fund was launched this past Wednesday and Coinbase has already received a few positive hits from investors. This launch stemmed from the revamp and rebranding of Coinbase’s original trading platform, called GDAX and it has since been changed to Coinbase Pro. The index fund will be available to investors who can invest a minimum of $250,000 up to $20 million.The current PDF of the index fund will comprise of Ethereum Classic (ETC). Even though the index fund has launched, it is not available in 30+ countries. A representative for Coinbase shared that they are working on more funds that can be available to all types of investors.

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