The U.S.-established platform said It Will reduce its own Index Fund’s Yearly management fee “for all new and existing investors” from 2 to 1 per cent, describing:-LRB-******************)
Coinbase had announced intends to add ETC on its own stage as early as mid-June of the season.
Coinbase first launched its own Index Fund in mid-June using four big cryptocurrencies. The finance is available to investments from U.S. resident licensed investors only — people that have a net worth of greater than $1 mln or an yearly salary of greater than $200,000 — that invest between $250,000 and $20 mln.
Original post first appeared in https://cointelegraph.com/news/coinbase-index-fund-reduces-annual-fee-to-attract-institutional-investors