https://genesis.vision/investor/funds/eth-hedge
A 99% LTC fund functioning like a LTC/GVT trading pair on the GV platform (A GV fund must hold two or more assets). This fund can also be used to go long LTC as part of a multi-fund and/or multi-program strategy.
NB: The URL is correct - this fund was formerly the ETH hedge fund which was repurposed subsequent to the introduction of the GV multicurrency wallet. Fund name URLs cannot change after they are first named.
The rationale behind establishing the LTC Hedge is that it is:
a long established major cryptocurrency: Besides BTC, it has been consistently featured amongst the top 10 cryptos by market cap in the last half-decade. Due to its similar design to BTC and value proposition as a compliment to BTC, it is expected that LTC will persist into the foreseeable future as a well recognised and trusted cryptocurrency, even if its dominance may diminish over time,
is highly liquid and traded on many reputable exchanges, and
is not featured in the GV multicurrency wallet.
JL
This blog is not financial advice. This is an independent blog. Please do your own research. You are responsible for your own investment decisions. The views and opinions expressed in this article are those of the author(s), and do not necessarily reflect the views and opinions of Genesis Vision or its affiliates.
