Crypto trading venue Huobi Pro has launched what it says is the world’s first cryptocurrency exchange-traded fund (ETF) targeted at retail investors. Announced on Friday, the Singapore-based exchange’s new product — called HB10 — allows investors to purchase shares in a basket of cryptocurrencies based on the firm’s recently launched benchmark index, the Huobi 10.
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Posted by Josiah Wilmoth on June 2, 2018 @ https://www.ccn.com/huobi-launches-cryptocurrency-etf-and-its-open-to-retail-investors/