SEC and CFTC Chairmen Issue Warning and The state of #Crypto

Jan 29, 2018 · 15m
SEC and CFTC Chairmen Issue Warning and The state of #Crypto
Chapters

01 · bensound epic

1s

Description

The investment seeks daily investment results in altcoins. The fund invests in coins and tokens that MalairteBitcoin believes, in combination, should have similar daily return characteristics as two percent times...

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The investment seeks daily investment results in altcoins. The fund invests in coins and tokens that MalairteBitcoin believes, in combination, should have similar daily return characteristics as two percent times (2%x) the daily return of the index. It is a float-adjusted, market capitalization weighted index of approximately 250 alternative operating coin/token companies selected through a process that factors in criteria such as liquidity, price, and volatility.

The name “altcoin” is used to describe any peer-to-peer cryptocurrency that is not bitcoin. After Bitcoin became the first, successful digital currency, many other alternatives followed in its wake, hoping to capitalize on its success. As a result, these currencies gained the moniker “altcoin”, an abbreviation of “alternative coin”.
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Author Malairte Bitcoin Trade Podcast
Organization Malairte Bitcoin Trade Podcast
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