Crypto Asset Fund created with Bitcoin, Ethereum, Ripple, NEM

Status
Archived

evo

Site Admin
Joined
Apr 2017
Looks like his top 4 cryptos are Bitcoin, Ethereum, Ripple, and NEM...

Ripple is now one of 4 cryptocurrencies in investor Tim Enneking's blue chips asset category. The 58-year-old money manager is now aiming to raise up to $400 million for the Crypto Asset Fund, a diversified pool of digital currencies and assets that he expects to be in the tens of millions of dollars by the end of this year.

Crypto Asset is a trading fund, so it's not for the buy-and-hold investor. Enneking said that the minimum investment for the fund is $25,000 and that most of the institutions that are approaching him have between $100 million and $2 billion under management.

Source: CNBC
 
Status
Archived
Top