Crypto Exchange Coinbase Shuts Down Index Fund Due To Lack Of Interest

News | October 15, 2018 By:

Cryptocurrency exchange Coinbase is shutting down its crypto index fund product by the end of the month due to weak interest from investors.

The Coinbase Index Fund, which was announced in March of this year, was designed to give accredited US investors easy access to the crypto market by offering them an index that represents a basket of the exchange’s listed assets.