Crypto Index Funds – Brains of Crypto

Yes, there are a few crypto index funds available today. One website that allows you to invest in crypto index funds is IndexCoop. If you are unfamiliar with index funds, it's a way for you to invest in a group of projects instead of individual projects. For many people, it's a safer alternative than spending hours upon hours researching and trying to find the major individual winners. For many people, choosing to buy a crypto index fund might be a better choice for your portfolio. It allows you to get the potential upside without having to spend your days staring at charts. The potential gains won’t be as drastic, but neither will the losses. Choosing to buy a crypto index fund is a more passive form of managing your portfolio. Ideally it will also allow you to have a little less stress when the market is bouncing all around all the time. It’s kind of like investing in index funds in the stock market, it allows you to do the “set-it-and-forget-it” type of investment. DPI - Defi Pulse Index The DeFi Pulse Index is an index that tracks the performance of decentralized assets across the market. If you believe that DeFi (Decentralized Finance) is going to improve as an asset class, then you may be interested in the DPI. Instead of having to browse through each of the underlying tokens in DPI, you can simply choose to invest in the group. The DPI currently consists of 18 individual tokens. If you consider the time involved to learn about each of these projects, it would be hours of research and analysis. With the DeFi Pulse Index, you are letting the index weight itself based on the value of each token's circulating supply. This will track projects in Decentralized Finance that have significant usage and show a commitment to ongoing maintenance and development. Read more about DPI here. (opens in new tab) MVI - Metaverse Index The Metaverse Index (MVI) is designed to capture the trend of entertainment, sports, and business shifting to take place in virtual environments. Do you think that the Metaverse is going to be a major part of the future? If so, it may be a good idea to look into the MVI. The Metaverse Index currently consists of 15 different tokens. While you could spend the time to invest in each of these projects individually, the MVI allows you to spend less time researching and more time earning more money to invest in MVI. There are a few things to consider with the MVI. The token must be available on the Ethereum blockchain, with a total market cap over $50m and at least 3 months history of operation. Protocol must be in one of the following token categories on Coingecko: Non Fungible Tokens, Entertainment, Virtual Reality, Augmented Reality and Music. More categories will be added in the future as the market matures. How to Invest in the Metaverse Index Read more about MVI here. (opens in new tab) BED - Bankless BED Index The BED Index is set up to track crypto's top 3 investable assets. What does that look like? It's a 33.3% split between BTC, ETH, and DeFi (DPI). The index includes these 3 assets with real usage and large capitalizations around the theme of blockchain. The first Friday of every month is when this index rebalances itself. How is BED rebalanced? The index is rebalanced according to its Underlying index. The idea for the Bankless BED Index is to give safe, passive exposure to a vehicle that captures equal-weighted upside from the most promising use cases and themes in crypto: store of value, programmable money, and decentralized finance. Read more about BED here. (opens in new tab) ETH 2x- FLI - ETH 2x Flexible Leverage Index The Ethereum Flexible Leverage Index lets you leverage a collateralized debt position in a safe and efficient way, by abstracting its management into a simple index. It enabled market participants to take on leverage while minimizing the transaction costs and risks associated with maintaining collateralized debt. I don’t do anything with leverage because I don’t know enough about it, so I can’t really provide much insight on it. You can learn more about ETH 2x - FLI here (opens in new tab) Bankless DeFi Innovation Index (GMI) The Bankless DeFi Innovation Index is a simple composite index including promising early stage DeFi projects which are not yet considered “blue chip”. If you’re familiar with any crypto speak over on Twitter, you might know the “ngmi” and “gm” tweets, which stand for “not gonna make it” and “good morning”. So one thing I thought was fun was the GMI for the token symbol. “Gonna Make It” good work Bankless. Bankless DeFi Innovation Index focuses on high growth, early stage DeFi projects that aren’t “blue chip” yet. GMI weighs through a combo of square-root market cap, relative secondary market liquidity and relative token dilution/emission scoring. You can learn more about Bankless DeFi Innovation Index here. (Opens in new tab)

Brains Of Crypto

Category: Crypto Index Funds