Buffett Bet 2.0: Asset Manager Wagers Cryptocurrency Fund Will Beat S&P 500

Finance Cryptocurrency asset manager Morgan Creek Digital is betting $1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are […]

Coinbase Launches Index Fund for Digital Currencies

Cryptocurrency exchange Coinbase has announced that it is launching an index fund for digital currencies. In a blog announcement, the San Francisco-based exchange explained that the Coinbase Index Fund would give accredited investors, with a minimum $10,000 investment, exposure to all digital assets listed on Coinbase’s exchange, GDAX. It will be weighted by market capitalisation. […]