Coinbase Shuts Down Its Index Fund in Favor of Retail Offerings

Source: Digital Money Times, originally published on .

http://digitalmoneytimes.com/coinbase-shuts-down-its-index-fund-in-favor-of-retail-offerings/.

San Francisco-based Coinbase is reportedly planning to shut down its index trading product targeting accredited investors after user-demand failed to reach expectations. According to a recent report by The Block that cites insiders familiar with the matter, Coinbase has made the decision to forego its market-cap-weighted index fund after raising less than the firm expected. [Read: Coinbase […]
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The post Coinbase Shuts Down Its Index Fund in Favor of Retail Offerings appeared first on Digital Money Times.

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