Coinbase Just Made A Big Move To Tap Wall Street's Appetite For Cryptocurrency

Thomson Reuters Coinbase announced Tuesday that they will launch an index fund product. The fund will allow accredited investors to invest in a basket of cryptocurrencies listed on GDAX, Coinbase's exchange. Coinbase, the cryptocurrency trading platform, announced Tuesday the launch of an index fund which will allow investors to put money into a basket of four of the largest cryptocurrencies. The so-called Coinbase Index Fund will give investors access to the digital currencies listed on GDAX, the exchange operated by Coinbase.

 

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