What is the definition of a cryptocurrency mutual fund?

1 answers

• Nov 24, 2021 · 3 years ago
  A cryptocurrency mutual fund is an investment vehicle that allows individuals to invest in a diversified portfolio of cryptocurrencies. It is similar to a traditional mutual fund, but instead of investing in stocks or bonds, it invests in cryptocurrencies. The fund manager will actively manage the fund's portfolio, buying and selling cryptocurrencies based on market trends and analysis. This type of investment is suitable for those who believe in the long-term potential of cryptocurrencies and want to gain exposure to the market without the need to actively manage their investments.
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