What is a cryptocurrency fund?

The term “cryptocurrency fund” refers to a portfolio containing a variety of different digital assets and is usually managed by one or a few individuals. Investors are then able to buy into these funds so that they can share in the profits as the value of the fund grows.

How does a crypto index fund work?

Once an account is funded, users can buy shares in the crypto index fund. The price of the shares will be determined by the fund’s net asset value (NAV), which is calculated based on the value of the underlying assets in the fund. An index fund’s NAV moves almost exactly in tandem with the index it follows.

How many crypto funds are there?

According to a recent report by financial research firm Autonomous Next, there are now more than 100 crypto funds list, big majority of them launched in 2017 and 2018. The funds manage a total of more than $2 billion which is a considerable amount for a nascent industry that still has yet to see the turn of a decade.

How much is Xfund (Xfund) worth today?

Please note this is a separate token from FUND which is on a separate mainnet. The live xFund price today is $342.19 USD with a 24-hour trading volume of $23,756.89 USD. We update our XFUND to USD price in real-time. xFund is up 5.06% in the last 24 hours.