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.
Check your PM
