DLT Financial Bitcoin Tracker Fund to Follow its Crypto Index
DLT Financial has announced the upcoming launch of a cryptocurrency tracker fund, associated with its latest DLT10 Index. Read more…
Bitcoin has presented itself as an excellent investment vehicle in the past few years. However, the nature of cryptocurrencies combined with the absence of clear regulations has kept traditional investors away from it for a long time.
DLT Financial, a spin-off of well-known firm Tramonex has announced its plans to launch a new Bitcoin fund. The fund follows the company’s recent launch of its cryptocurrency index. The DLT10 Index lists 10 different cryptocurrencies namely; Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Dogecoin, MaidSafeCoin, NameCoin, Factom, and NXT. According to the DLT10 Index website, the index allows users to track the performance of these 10 digital tokens for the purpose of investment.
The upcoming Bitcoin tracker fund will offer businesses and individuals a securitized method for investing in Bitcoin and other listed digital currencies. In a press statement Dave Askey, the co-founder of DLT Financial and CTO of Tramonex said,
This post was published at NewsBTC on 7:30 am September 11, 201.