Index fund

S&P Global is making its biggest push yet into digital assets, unveiling a new benchmark that merges the worlds of crypto and traditional finance.

The modern index fund being the bread and butter of investors creates a noncreative inefficient market that Bitcoin solves.

Coinbase – one of the largest digital currency exchanges in the U.S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product.

In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF).

Morgan Creek, a capital management company that oversees more than $1.5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.