The HOLD 10 Index is a passively managed fund of the top 10 cryptocurrencies

From Techcrunch


This year the market capitalization of all cryptocurrencies has grown from about $13 billion to well over $150 billion, fueled by infusions of capital from all different types of investors. But irregardless of this extreme growth, it’s still very complicated for most people to invest in cryptocurrency. So one startup is launching a private index fund designed to let you passively hold a stake in the 10 largest cryptocurrencies, weighted by market cap.

Called the HOLD 10 Index, the fund is designed to passively hold the top 10 cryptocurrencies by market cap (including a 5 year inflation schedule). The funds are 100% cold storage secured except for when the portfolio is rebalanced once a month to account for fluctuations in pricing among the basket of assets.

Right now the assets included are: BTC, ETH, XRP, BCH, LTC, DASH, NEO, ZEC, XMR (Monero) and ETC.

You can read a bit more about inclusion criteria here, but there are a few more requirements besides being in the top 10…

Read More Here- The HOLD 10 Index is a passively managed fund of the top 10 cryptocurrencies