A crypto fund is an funding fund centered totally on investing in cryptocurrencies or digital belongings. This permits traders to achieve publicity to the cryptocurrency market with out buying particular person cash or tokens themselves. As a substitute, these funds pool funds from a number of traders to buy varied cryptocurrencies.BTC), ether (ethereum) and different well-liked tokens.
Crypto funds can be categorised based mostly on their funding technique. For instance, some funds make investments solely in Bitcoin, whereas others put money into varied cryptocurrencies or give attention to tokens with promising underlying expertise or backed by established firms. . Moreover, some funds put money into crypto-related firms akin to mining and buying and selling firms.
Learn extra on Cointelegraph