A well-known asset management firm recently filed with regulatory authorities for a new type of crypto asset ETF product—the Crypto 20 Index Fund. The product aims to track the overall performance of mainstream digital assets.
According to the index component disclosure, Cardano(ADA) has a 3.1% allocation in the index, making it one of the key tracked assets. This reflects the recognition of ADA's position in institutional-level crypto asset portfolios.
This move marks a continued deepening of traditional financial institutions' layout into diversified crypto ecosystems, with index investment products providing retail and institutional investors with a more convenient way to gain market exposure.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A well-known asset management firm recently filed with regulatory authorities for a new type of crypto asset ETF product—the Crypto 20 Index Fund. The product aims to track the overall performance of mainstream digital assets.
According to the index component disclosure, Cardano(ADA) has a 3.1% allocation in the index, making it one of the key tracked assets. This reflects the recognition of ADA's position in institutional-level crypto asset portfolios.
This move marks a continued deepening of traditional financial institutions' layout into diversified crypto ecosystems, with index investment products providing retail and institutional investors with a more convenient way to gain market exposure.