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Bitcoin Exchange Coinbase Launches The Dow Of Cryptocurrencies
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Bitcoin exchange Coinbase launches the 'Dow' of cryptocurrencies
Coinbase is launching a weighted index fund for cryptocurrencies.
Much like how the Dow Jones Industrial Average gives a sense of the American economy, this fund tries to reflect major trends in the cryptocurrency market.
"It's an easy way to get exposure to the crypto assets that we offer on our exchange," says Coinbas President and COO Asiff Hirji.
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