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CNBC: Bitcoin Exchange Coinbase Launches the Dow Jones of Cryptocurrencies

Written by:

C Costigan

Published on:

Mar/07/2018

Coinbase has announced it is launching a weighted index fund for cryptocurrencies.

Much like how the Dow Jones Industrial Average gives a sense of the American economy, this fund tries to reflect major trends in the cryptocurrency market.

"It's a very simple to use, easy way to get exposure to the crypto-assets that we offer on our exchange," Coinbase President and COO Asiff Hirji told CNBC's "Fast Money" Tuesday.

Watch Below...

Coinbase president announces index fund, initially for accredited investors from CNBC.

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