First crypto tracker is not a fund but an ETP; China's internet giants and new economy stocks in focus; disruptive technologies gain traction; and passive investments to represent a quarter of overall fund industry's AUM by 2025
London-based financial technology company Amun has listed the world’s first multi-asset crypto index product on the Swiss Exchange (Six). The Amun Crypto Basket Index Exchange-Traded Product (ETP) was originally set to offer investors exposure to the movement of a basket of five leading cryptocurrencies. A little less than half of the product’s assets was expected to be invested in bitcoin and the remaining amount to XRP, ethereum, bitcoin cash and litecoin. The Bitcoin cash hard for
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