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    Vikshita Vitthal Gujaran in OBOSWAP

    27-Dec-2022 05:18 AM


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    What is a Crypto Index Fund?

    A crypto index fund simply takes the idea of a traditional index fund — an investment vehicle designed to track the performance of a designated market index — and replaces the underlying assets with crypto tokens instead of company shares.
    The S&P 500 tracks the stock performance of 500 large and important publicly traded companies in the US.
    In comparison, a mutual fund is where the portfolio is designed by a fund manager based on their views of what to actively invest in — the goal being to outperform the market.
    As such, one of the main advantages of an index fund is that they’re thought to offer better long-term results compared to actively managed funds.
    Crypto index funds, however, are still a relatively new development, with very few currently available to the general public.

    Source -
    https://academy.binance.com/en/articles/what-is-a-crypto-index-fund?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial

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