Four outstanding cryptocurrency index funds to keep watch for 2019 for Bitcoin investors

Funds of cryptocurrency indices have received much attention lately and may be something to consider in 2019. Although there are many of these findings, there are many that deserve more attention than others. But before entering the four to watch, it is better to cover how the index funds work.

Cryptocurrency index funds work like many other index funds that can be invested. Investors buy shares and eventually investors collect a series of various cryptocurrencies. In this way, investors do not have to invest in a single currency, but, on the contrary, investors buy the fund. The fund then takes the investment and places it in a basket of cryptocurrencies that they believe is feasible.

The value of the investment fluctuates depending on the performance of the cryptocurrencies on which the fund has chosen to invest. The advantage of investing in an index fund is that it takes away the obligation and time to create a portfolio, keep track of the price of coins and negotiate the currency in return. Basically, all the components of an investment in cryptocurrency are managed by the fund manager. Keep in mind that the effectiveness of funds can depend on various factors and that high fees are not necessarily indicative.

Now, here are the four indexed funds that might be worth looking into in 2019.

1. Coinbase

   Coinbase developed into an issue that led to being a leading exchange platform. The interface is user-friendly and has maintained the reputation of being reliable. The platform is interested in exploiting its popularity and user base by offering indexed funds that track a certain number of cryptocurrencies. These cryptocurrencies include Ethereum Bitcoin, Bitcoin Cash, Ox, Basic Attention Token, Litecoin and Ethereum Classic. The Basic Attention Token is the most recent addition of Coinbase and will start trading in November 2018. The fund consists mainly of Bitcoin – which stands at 76%. There are also altcoins that are part of the index, but none of them is particularly interesting or exciting. Basically, the fund is mainly based on coins with market capitalization, which may not be as volatile as others.

2. BB Inex

   BB Index presents several indexed funds that are often recognized for their association with Olympus Labs. For those who are not aware, Olympus Labs is a blockchain financial ecosystem, which means that investors using Olympus will find that indices are easy to buy. And that's a great experience behind it. BB Index has 26 different indexed funds that investors can opt for flexibility. Those who would like to choose between several major cryptocurrencies or would like to opt for infrastructure investment, it is all possible here. The fund focuses on seven of the most important currencies. With this discovery, users will notice that there is plenty of room to customize their portfolio and create balance.

3. Iconony

   Iconomy is an ideal index platform for those interested in diversifying digital resources. There are many funds that users can choose and the criteria for the fund are interesting. For example, the fund includes the index of the Delta summit. This index presents digital currencies that are based on a vote of those participating in the Delta Summit. The summit is a blockchain event that occurs every October. Some see it as a way to put knowledge together to create a properly functioning fund. The fund also includes the Solidum Prime index. This index presents 23 different cryptocurrencies and not many are related to bitcoin. The index is based on the belief that to avoid the collapse of the value of its fund, it is better to isolate the index by opting for unknown currencies. Interestingly, the funds that are giving the best in this bearish market are the conservative ones.

4. Cryptos Fund

   Finally, Cryptos Fund has the lowest management fees of the four because the fund passively controls the 30 cryptocurrency index. This is a transparent option that gives users an objective view of the cryptocurrency market. The index focuses on the best 30 performing cryptocurrencies. Those investing in this system divide their investment into the portfolio so that their investment is protected against volatility.

Summary

Overall, those interested in investing in index funds in 2019 may wish to consider the previous four. Keep in mind that these are recommendations and not solid advice. It is better to do your own research before making a decision.