What to look for when selecting a cryptocurrency/blockchain mutual fund or ETF

Colleagues, the past year has seen a steady stream of new IPOs, mutual funds and ETFs come to market in the cryptocurrency and blockchain segments. Some of most noteworthy vehicles including Innovation Shares NextGen Protocol, BLOK, Bitcoin Investment Trust, BLCN, Binance, Huobi and Block.one. Aside from trading or investing in individual ICOs what should medium-long term investors look for when selecting a securities vehicle? First, define your risk tolerance level and time horizon. Second, identify the percentage of your investable assets you plan to allocate to this sector. Third, carefully examine the track record of fund managers. And fourth, gain feedback from trusted sources such as regulatory bodies (e.g. US SEC), attestations from industry leaders and early investors in the fund(s) under consideration. At Cryptocurrency Academy our thesis is that for medium-long term investors, the underlying blockchain technology firms offer more stability and staying power than more fickle vehicles that focus on specific cryptocurrencies. Share a comment visit us today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)