New Cryptocurrency Investment Fund for Very Wealthy Excludes XRP

[kreslik.news]

Morgan Creek Capital Management of North Carolina, a privately-owned investment management company, has launched a cryptocurrency investment fund. This is done in partnership with Bitwise of San Francisco, which maintains indices of cryptocurrency prices.

The fund, the ‘Morgan Creek Digital Asset Index Fund’, is only available to accredited investors, that is, high net worth people and entities. The minimum investment is $50,000.

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Notable exception to folder 

In essence, the investment is on a folder of cryptocurrencies. Included are Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash, Monero, Dash, Ethereum Classic, EOS, and Omisego. The first three make up ... (read more)