Bitcoin Forum

Bitcoin => Project Development => Topic started by: olliec420 on April 20, 2014, 02:55:52 AM



Title: Total market fund exchange - any interest?
Post by: olliec420 on April 20, 2014, 02:55:52 AM
Does any one have any interest in using or developing an exchange that trades fund/btc pairs where the fund is based on all the coins on a given exchange weighted and combined?

For example btce fund would consist of all the coins btc-e offers calculated together but weighted based on market cap for that coin?  Similar to the dji, s&p or vanguard total market index, you follow?

There are advantages and disadvantages of course in this as in anything but I think it could be beneficial in protecting from major down spikes of certain coins.  Also diversification across the market to help gains when all the coins are up trending.


Title: Re: Total market fund exchange - any interest?
Post by: hexs on April 21, 2014, 04:47:21 AM
Does any one have any interest in using or developing an exchange that trades fund/btc pairs where the fund is based on all the coins on a given exchange weighted and combined?

For example btce fund would consist of all the coins btc-e offers calculated together but weighted based on market cap for that coin?  Similar to the dji, s&p or vanguard total market index, you follow?

There are advantages and disadvantages of course in this as in anything but I think it could be beneficial in protecting from major down spikes of certain coins.  Also diversification across the market to help gains when all the coins are up trending.

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