Coinbase Index Feed Now Available on CryptoSlate

CryptoSlate has integrated with the leading cryptocurrency platform to make real-time Coinbase Index Fund information available via our news platform, delivering prime market insight as Coinbase sets the stage for the potential introduction of crypto ETFs.

Coinbase Index is now live on CryptoSlate!https://t.

The recently-launched Coinbase Index Fund exposes accredited investors to the four different cryptocurrencies listed on the Coinbase exchange platform, GDAX, and is the company's first push into asset management services.

The Coinbase Index weighs assets by market capitalization and takes a variety of factors into account, including the ongoing increase in the supply of each asset as well as price fluctuations.

Coinbase may not be the first platform to launch a cryptocurrency index fund - organizations such as Bit20 have been offering passively managed funds since December 2016 - but the launch of the Coinbase Index Fund carries substantial weight in the crypto ecosystem.

An index fund is a form of mutual fund that tracks the returns of a market index.

Bitcoin: 62%.Ethereum: 27%.Bitcoin Cash: 7%.Litecoin: 4%. Importantly, the Coinbase Index Fund is also one of the only fully regulatory compliant crypto index funds available in the market.

The Coinbase Index Fund isn't designed to benefit high-speed day traders, however - it can be considered as an investment in the future of blockchain technology itself.

As institutional capital begins to make strong entrances to the crypto market and cryptocurrency investing becomes more accessible and interesting to the public at large, managed fund options such as the Coinbase Index Fund will become increasingly attractive to retail and institutional investors alike.

By delivering live Coinbase Index Fund updates through our integration with Coinbase, CryptoSlate aims to continue to provide our readers with highly accurate market data as it occurs.