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Saturday, December 9, 2023
More
    bitcoin
    Bitcoin (BTC) $ 43,987.79
    ethereum
    Ethereum (ETH) $ 2,349.09
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 238.64
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.667417
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.099684
    cardano
    Cardano (ADA) $ 0.586114
    solana
    Solana (SOL) $ 73.69
    matic-network
    Polygon (MATIC) $ 0.892981
    polkadot
    Polkadot (DOT) $ 7.07
    tron
    TRON (TRX) $ 0.107088
    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 targeted totally on investing in cryptocurrencies or digital property. This enables buyers to realize 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 buyers to buy numerous cryptocurrencies.BTC), ether (ethereum) and different well-liked tokens.

    Crypto funds may also be categorised primarily based on their funding technique. For instance, some funds make investments solely in Bitcoin, whereas others put money into numerous cryptocurrencies or deal with tokens with promising underlying know-how or backed by established firms. . Moreover, some funds put money into crypto-related firms equivalent to mining and buying and selling firms.

    Crypto fund business by property below administration in hundreds of thousands of US {dollars}. Supply: CryptoFundResearch

    Learn extra on Cointelegraph

    See also  Crypto Tales: Tim Draper Tells How His Household Migrated To Bitcoin
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