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Topic: Crypto Index Fund (Read 1573 times)

jr. member
Activity: 174
Merit: 6
July 31, 2018, 10:23:30 AM
#28
Although I like the idea, "weighted by market cap" is a bad measure.

I'm not sure though what would be a good way to select them.


Agree, you probably want 100+ coin, ideally including utility tokens and others.

You could have different funds in the crypto space, just like in equity.
Apart from large cap, mid cap and small cap funds, you can have thematic investments. One fund could invest in coins which have an anonymity theme.

A cross-country,cross-theme, diversified(including ideally counter-cyclical) backed-crypto could be an interesting play at a more stable coin (lose less value each dip)
newbie
Activity: 19
Merit: 0
July 23, 2018, 01:33:16 PM
#27
It's a great idea in theory but at this stage I think it's hard to implement properly. It's still a bit early to tell which coins to include, how to settle discrepancies, caps, rebalancing, etc. And most of all, who to trust to handle the whole thing.

Of course, there are many who will step up and volunteer to run such an operation. There's talk of establishing an ETF so how far away can an index be realistically? But the real question is, how secure is it if it's not centrally regulated, and on the other hand, do we really want any central regulation interference in here?
newbie
Activity: 1
Merit: 0
July 23, 2018, 07:13:00 AM
#26
I want a crypto index fund.

It should be an index fund of the top X coins in terms of market cap, weighted by market cap. Perhaps use coinmarketcap.com to recalculate. I would be happy if X was any number over about 10. Now, this might catch some scams, but it will be self correcting. The primary advantage is the same advantage of index stock funds over actively managed stock funds.

Details tbd include whether the fund rebalances every day or every week or whatever, where to buy the coins that it would hold and where and how to trade to maintain the index-required holding percentages.

I have been looking/reading/watching for several weeks now and haven't found a passive coin index fund. It should exist and I would invest if it existed.

What do you think?

Edit: It appears cryptomover's index may be exactly what I want, but I think I read that U.S. investors are excluded.

I have come across this market cap based indexes for top 10, 25,50,100 currencies. You might like to have a look at https://cryptoz.ai/#!/home/
They are providing historical index data as well, I liked there Real-time quote view too. https://cryptoz.ai/#!/crypto-currency/quotes
newbie
Activity: 1
Merit: 0
July 23, 2018, 04:10:30 AM
#25
It should be an index fund of the top X coins in terms of market cap, weighted by market cap. Perhaps use coinmarketcap.com to recalculate. I would be happy if X was any number over about 10. Now, this might catch some scams, but it will be self correcting. The primary advantage is the same advantage of index stock funds over actively managed stock funds.

Details tbd include whether the fund rebalances every day or every week or whatever, where to buy the coins that it would hold and where and how to trade to maintain the index-required holding percentages.

Now, cannot say if an index fund is appropriate for crypto market for now, but the concept is definitely what I consider investor oriented.
You can find the Indexes for top 10, 25, 50, and 100 currencies here. Go ahead check them out.
newbie
Activity: 70
Merit: 0
June 19, 2018, 03:36:31 AM
#24
I would look into Mike's Novogratz index. Recently Bloomberg has launched a cryptocurrency index in conjunction with Galaxy Digital Capital Management, a digital assets merchant bank headed by billionaire ex-hedge fund manager Michael Novogratz.
newbie
Activity: 8
Merit: 0
May 23, 2018, 09:31:35 AM
#23
I want a crypto index fund.

It should be an index fund of the top X coins in terms of market cap, weighted by market cap. Perhaps use coinmarketcap.com to recalculate. I would be happy if X was any number over about 10. Now, this might catch some scams, but it will be self correcting. The primary advantage is the same advantage of index stock funds over actively managed stock funds.

Details tbd include whether the fund rebalances every day or every week or whatever, where to buy the coins that it would hold and where and how to trade to maintain the index-required holding percentages.

I have been looking/reading/watching for several weeks now and haven't found a passive coin index fund. It should exist and I would invest if it existed.

What do you think?

Edit: It appears cryptomover's index may be exactly what I want, but I think I read that U.S. investors are excluded.

we are currently developing decentralized diversified contracts. Our first contract is in beta testing CDMED. Future contracts will have various levels of diversity. The CDMED contract and other future developed contracts can be added to new contract profiles once CDMED and future developed contracts are added to the Bancor network to further diversify the new contracts. Future contracts in development also include diversifying based off of market conditions like market cap, volume and social media momentum
www.cryptodiversifiedcontracts.com
newbie
Activity: 61
Merit: 0
February 07, 2018, 08:38:01 PM
#22
THank you
hi all ,

anyone knows of a crypto index fund that I can visit face to face in asia?

I would like to invest but I just wanted to know the people who are doing it.

thanks


Nope. Most of these securities funds are going to be run by anonymous people, or people in Europe. Especially with the bans happening all over in Asia, the projects that I have seen are all incorporated in loose-tax countries.

For instance, Crypto20 is incorporated in the Cayman Islands with no address.

https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.

Knowledge of how to store altcoins safely isn't that common. At best most of the folks trust an exchange to keep their coins safe. I believe that's why a requirement was posted by OP.

How is it not that common? Conducting a quick youtube search will be enough alongside your common sense. The chances of you getting hacked is much lower than one of these funds exit scamming, if you store your coins even on a desktop client.
sr. member
Activity: 300
Merit: 253
Ok Check!
February 07, 2018, 02:37:45 PM
#21
hi all ,

anyone knows of a crypto index fund that I can visit face to face in asia?

I would like to invest but I just wanted to know the people who are doing it.

thanks


Nope. Most of these securities funds are going to be run by anonymous people, or people in Europe. Especially with the bans happening all over in Asia, the projects that I have seen are all incorporated in loose-tax countries.

For instance, Crypto20 is incorporated in the Cayman Islands with no address.

https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.

Knowledge of how to store altcoins safely isn't that common. At best most of the folks trust an exchange to keep their coins safe. I believe that's why a requirement was posted by OP.

How is it not that common? Conducting a quick youtube search will be enough alongside your common sense. The chances of you getting hacked is much lower than one of these funds exit scamming, if you store your coins even on a desktop client.

It definitely isn't a common knowledge outside bitcointalk/reddit space. Out of all those people holding BTC, try asking how many can actually install a soft wallet on a computer - let alone a hard wallet.

Youtube also has videos on how to build a bomb or fly a rocket. Doesn't mean a common individual can effectively execute those.
hero member
Activity: 1526
Merit: 596
February 07, 2018, 01:41:13 AM
#20
hi all ,

anyone knows of a crypto index fund that I can visit face to face in asia?

I would like to invest but I just wanted to know the people who are doing it.

thanks


Nope. Most of these securities funds are going to be run by anonymous people, or people in Europe. Especially with the bans happening all over in Asia, the projects that I have seen are all incorporated in loose-tax countries.

For instance, Crypto20 is incorporated in the Cayman Islands with no address.

https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.

Knowledge of how to store altcoins safely isn't that common. At best most of the folks trust an exchange to keep their coins safe. I believe that's why a requirement was posted by OP.

How is it not that common? Conducting a quick youtube search will be enough alongside your common sense. The chances of you getting hacked is much lower than one of these funds exit scamming, if you store your coins even on a desktop client.
newbie
Activity: 61
Merit: 0
February 07, 2018, 01:08:24 AM
#19
hi all ,

anyone knows of a crypto index fund that I can visit face to face in asia?

I would like to invest but I just wanted to know the people who are doing it.

thanks
newbie
Activity: 1
Merit: 0
February 05, 2018, 06:53:25 AM
#18
The best option is www.thecryptosfund.com, which follows the www.cci30.com index. Being a regulated fund the minimum investment is quite high at $100k, but the fees are really low at 0.99% per year with no performance fee.
jr. member
Activity: 42
Merit: 1
January 21, 2018, 09:58:05 PM
#17
The NYSE has already filed with the SEC to create two Bitcoin ETFs. If those prove popular, than ETFs for other high-volume currencies and eventually baskets of currencies won’t be far behind.

The ETFs were rejected by the SEC
full member
Activity: 224
Merit: 103
0x864E3764278C5EB211bF463034e703affEa15e4F
January 19, 2018, 12:25:49 PM
#16
This is a novel idea and with Bitcoin Futures, is not far behind if the momentum of the market is sustained. I do think HeroTik makes a good point. An index is not decentralizing at all. And with so many exchanges cropping up, it could be challenging.
newbie
Activity: 14
Merit: 0
January 08, 2018, 11:37:12 PM
#15
The NYSE has already filed with the SEC to create two Bitcoin ETFs. If those prove popular, than ETFs for other high-volume currencies and eventually baskets of currencies won’t be far behind.
sr. member
Activity: 300
Merit: 253
Ok Check!
January 03, 2018, 02:35:41 PM
#14
https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.

Knowledge of how to store altcoins safely isn't that common. At best most of the folks trust an exchange to keep their coins safe. I believe that's why a requirement was posted by OP.
hero member
Activity: 1526
Merit: 596
December 16, 2017, 12:15:44 AM
#13
https://crypto20.com/en/ they had a very successful ICO.

This and also there is one on the bts platform as well. Both of these should fit OP's needs pretty well i think and as long as he is comfortable with people holding his funds and doing whatever they want with it, then i see no problems with crypto20 or bittwenty on bts.

If you're really going to invest in cryptos, why not actually hold your balance yourself, in a private key, and have the peace of mind?

Use a multicoin wallet like coinomi or exodus if you really needed to. At least you're not handing control over your funds directly over to a third party that you don't even know exists or not.
jr. member
Activity: 48
Merit: 1
December 15, 2017, 12:46:44 AM
#12
https://crypto20.com/en/ they had a very successful ICO.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 12, 2017, 04:00:44 AM
#11
The website has exactly the same style as any shady ICO website.
It shows a made up 2021 growth graph to convince you to throw money at their fairy tale:

(hotlink failed, link to image)

Quote
They have a passive private index fund that is managed entirely by Goldman Sachs alumni.
If you think the name Goldman Sachs inspires confidence, you don't understand a thing about cryptocurrencies!
If Vanguard would offer a crypto index fund, I'd invest instantly. Those are the names I trust for investments, not big banks.

Quote
I think their strategy is exactly what you’re looking for.
Thanks for advertising your website. I'm not joining.
newbie
Activity: 1
Merit: 0
December 12, 2017, 03:29:47 AM
#10
www.CrescentCrypto.com

Check out the team at Crescent Crypto. They have a passive private index fund that is managed entirely by Goldman Sachs alumni. Really  smart, well credintialized guys, and their fee is much lower than Iconomi.

I think their strategy is exactly what you’re looking for.
sr. member
Activity: 476
Merit: 250
November 06, 2017, 10:59:50 AM
#9
I think Iconomi offers exactly what you want (https://www.iconomi.net)

They have a lot of different funds to chose from, some doing quite adventurous investing and some more conservative...

All the funds re-weight often to make sure they're investing in the best coins - but some do charge a rather high management fee, up to 6%

They have a really nice interface as well, I've used them for a bit and really like the service
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