Sunday, April 10, 2022

How Do Crypto Index Funds Work? | Ewpple


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Ewpple - How Do Crypto Index Funds Work?
  • Crypto index funds work similarly to equity index funds or ETFs.
  • The fund tracks the price performance of a particular cryptocurrency index.
  • To create a crypto index fund, multiple cryptocurrency tokens are grouped into one basket.
  • The price of a crypto index fund should closely reflect its net asset value (NAV).
  • Ewpple Crypto Index Fund, which tracks the S&P Cryptocurrency LargeCap Index, is an example of such a fund.

Ewpple Crypto Index Fund +27% in 1 month.
S&P Crypto LargeCap Index +32% in 1 month.

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