As multiple digital currencies beyond Bitcoin and Ethereum have taken off, many crypto enthusiasts have proposed diversified portfolios of blockchain-based assets. Hence the proliferation of crypto hedge funds seen this past summer.
But not everyone who wants to invest in a basket of crypto assets can afford the minimums or fees of a hedge fund, and nor do all such investors want to hold anything more daring than a basket of the top coins.
Enter Trident crypto index fund, which is launching the HOLD 10, a new passively managed index fund of the top 10 cryptocurrencies by inflation-adjusted market capitalization.
The index will hold and weight the top 10 cryptocurrencies by inflation-adjusted market capitalization, taking into account the supply inflation schedules for the next five years, in contrast to the more common ranking by current circulating supply on sites such as Coinmarketcap.com.
Eligibility requirements include that a coin needs to trade on multiple exchanges, its monthly trading volumes must exceed 30% of circulating supply for the last three months, and it must have a free-floating price, not one pegged to another asset.
http://www.tridentcoin.com