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Title: Crypto ETF? Or something that tracks cryptos as a whole? Post by: koehlebd on February 02, 2018, 01:28:41 AM I am wondering if there is a security that tracks the entire crypto currency market as a whole?
Title: Re: Crypto ETF? Or something that tracks cryptos as a whole? Post by: MoonIsBlue on February 03, 2018, 02:29:43 PM I'm not sure, I've seen the idea come by before but your best bet is to just google it, but I'd be carefull, lots of scammers and such so if you do find one you should do your due dilligence to find out it is real.
Title: Re: Crypto ETF? Or something that tracks cryptos as a whole? Post by: LtMotioN on February 03, 2018, 05:48:16 PM I am wondering if there is a security that tracks the entire crypto currency market as a whole? There is one similar thing I am aware of, Iconomi. Go check it out. I am not using it right now but it looks like a cool idea. As I understand it you can go to that site and setup a portfolio, you can choose almost any coins youd like with their relevant percentage. This portfolio will then be advertised on their site, you can then invest ICN tokens into it for which their smart contract will buy the assets in their relevant ratios to back that up. Through this you can probably do an ETF type of thing. **Disclaimer** I am not a master of this, I didnt spend a hundred hours researching it, but the above is basically as I understand it. It is something worth looking into in my opinion. I havent scam checked them or anything, so take my above suggestion with caution and check them out yourself properly. |