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Tuesday, November 28, 2023
More
    bitcoin
    Bitcoin (BTC) $ 37,439.03
    ethereum
    Ethereum (ETH) $ 2,036.40
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 230.13
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.609406
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.078255
    cardano
    Cardano (ADA) $ 0.380369
    solana
    Solana (SOL) $ 56.35
    matic-network
    Polygon (MATIC) $ 0.744213
    polkadot
    Polkadot (DOT) $ 5.22
    tron
    TRON (TRX) $ 0.102428
    HomeFinanceHow crypto funds will form the event of digital asset markets

    How crypto funds will form the event of digital asset markets

    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.

    Crypto fund trade by belongings beneath administration in hundreds of thousands of US {dollars}. Supply: CryptoFundResearch

    Learn extra on Cointelegraph

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