I.n Interaction with the current rise in the price of cryptocurrencies such as Bitcoin, the investment opportunities also increase. For example, a subsidiary of the private bank Hauck & Aufhäuser has launched a digital asset fund together with the Berlin fintech Kapilendo. From January onwards, professional and semi-professional investors with a minimum investment amount of 200,000 euros can continuously invest in a portfolio of the most important crypto investments such as Bitcoin, Ether or Stellar. Hauck & Aufhäuser manages the fund, Kapilendo acts as depositary. The fund invests passively, the fund assets are based on the market capitalization of the crypto values and other quantitative and qualitative criteria.
But inexpensive, exchange-traded fund solutions are also emerging for non-professional investors. Since Thursday, Valor has been trading “Bitcoin Zero” on the Nordic Growth Market, which does not require a management fee. Coindex should also start in mid-December. The young company wants to offer the opportunity to invest in crypto portfolios, either with a one-off payment or in the form of a savings plan. It has developed its own indices for this purpose. Connected investor portfolios should be automatically adjusted monthly. Anyone who has their own ideas should also be able to design an individual portfolio, which is then not managed by Coindex. You want to start with the crypto systems Bitcoin, Ethereum, Bitcoin Cash, Ripple and Polkadot.
Theoretically, the minimum investment is 25 euros. Because this is based on the minimum volume for a transaction in one value, it turns out differently. The investment should cost 1 percent of the portfolio value per year and a premium (spread) of 0.5 percent on all transactions. “We founded Coindex in order to offer a previously largely excluded target group new access,” says CEO and co-founder Kai Kuljurgis.