HomeAltcoin NewsSwiss Crypto Fund Will Focus on XRP, Ethereum, and Bitcoin

Swiss Crypto Fund Will Focus on XRP, Ethereum, and Bitcoin

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A lot of people are starting to pay attention to cryptocurrency right now. As a result, they also learn about tokens and digital assets. Europe’s first diversified Cryptocurrency Fund will include Bitcoin, Ether, XRP, and a few other types of commodities. This is a major development, as it goes to show there is a bright future ahead for all of these assets. Crypto Fund will be worth keeping an eye on, to say the least.

It is not entirely surprising to learn this Cryptocurrency Fund is a project originating in Zug, Switzerland. Over the past few months, this particular region has become a hub for cryptocurrency and digital assets.  Launching the Crypto Fund is an intriguing but logical decision in this regard. Moreover, it is evident the people launching this program want to diversify as much as possible. Focusing on Bitcoin, Ethereum, and Ripple’s native XRP asset is a smart decision.

Swiss Crypto Fund Takes Things to the Next Level

Other currencies, tokens, and assets will be considered as well. The Crypto Fund team will weigh these decisions based on the Cryptocurrency Index. The goal is to find established cryptocurrencies with enough liquidity to make investing worthwhile. Moreover, there needs to be as little price volatility as possible. The Crypto Fund will still allow for profit generated by emerging cryptocurrencies, assets, and tokens.

It is evident there is a growing demand by qualified investors for a regulated gateway to cryptocurrencies. Rather than going the ETF route, a Crypto Fund makes a lot more sense. It uses the Swiss fund structure according to KAG. All involved parties at the top are legally separated from one another. It will be quite interesting to see how this venture plays out in the coming years. The world of cryptocurrency and assets allows for good profits when diversifying wisely.

The interesting choice is focusing on XRP, alongside Bitcoin and Ethereum. A lot of people still feel XRP has no place in the world of digital assets, due to its strong ties with the banking system.Then again, the financial system is acknowledging something will need to change. XRP Makes a lot of sense to them as it makes transactions faster and cheaper.  The bigger question is if and when this may affect the price of XRP, Bitcoin, and Ethereum. These are very exciting times to be involved in all of these commodities, that much is certain.

Header image courtesy of Shutterstock

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JP Buntinx
JP Buntinx
JP is a freelance copywriter and SEO writer who is passionate about various topics. The majority of his work focuses on Bitcoin, blockchain, and financial technology. He is contributing to major news sites all over the world, including NewsBTC, The Merkle, Samsung Insights, and TransferGo.

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