The global ETF market is worth nearly $7 trillion.

Common investment wisdom says diversification is best, but until recently, diversification wasn't easy. While market indices like the Dow Jones Index or the S&P500 have been around for quite some time, investing in all the companies they track would have been a monumental and expensive task--but it would certainly have been an exceptional effort at diversification.

Well, today it's easier and faster to buy a piece of every S&P 500 company than it is to buy two of them; this is thanks to the rise of ETFs.

Until the development of ETFs, Indices themselves did not represent any exchange-traded security but an averaged tracking of the performance of all the stocks they track. Exchange-traded funds like the SPDR S&P 500 ETF Trust (listed aa SPY) represent funds that hold shares of every company that index tracks. The SPY exchange-traded fund is tradeable on an exchange (as the name implies), and this allows anyone to buy a piece of the fund. Essentially, ETFs take a lot of shares and put them in one basket and then people can buy slices of that basket.

ETFs have made diversified investments incredibly easy and today, there's an ETF for nearly everything.

Thanks to the internet and its provision of nearly-infinite knowledge, everyday people have the ability to take investments in their own hands--and they have. ETFs have made this everyday ambition an accessible one. Because ETFs make it possible to lower investment risk across the entire industry sectors or even the entire market, people can make safe investments while dodging the expenses associated with hiring a financial advisor.

Investment in the equities market has become incredibly easy, cheap, and quick.

The lack of easy access to cryptocurrency investments is one of the key reasons why so many people have still not invested in them.

Creating Cryptocurrency ETFs

Iconiq Holding is on the path to creating accessible cryptocurrency investments by providing enterprise-grade ETFs.

This company has already established Iconiq Lab, which is a functioning startup incubator that aims to assist upcoming projects launch successful ICOs. Iconiq Lab functions similar to a traditional incubator as its leadership procides upcoming projects with seed capital and much-needed entrepreneurial guidance. Now, Iconiq Holding is extending its goal of providing an elite digital management ecosystem.

Iconiq Funds

Iconiq is partnering with BITA, which is the first index provider for digital assets.

The establishment of indices that track digital assets is going to pave the way for creating ETFs that track these indices. Consequently, exchange-traded funds for cryptocurrencies can become a reality. Rather than creating a basket for shares of companies, Iconiq Funds can make it possible to create baskets of various cryptocurrencies and people will have the opportunity to buy a slice of this basket.

Iconiq's team has extensive experience in investments and investment instruments and BITA is already providing indices for the Crypto market. Collectively, these two companies have the technical and hands-on experience to offer a new investment vehicle for cryptocurrencies, and this can have a monumental impact on the overall Crypto market.

The everyday investor has become extremely adjusted to easy access to diversified investments through stock ETFs. Whole cryptocurrencies' constant media presence has spread awareness about not just their existence, but also the underlying technology, the convenience-adjusted investors are not going to go through the effort of building a diversified Crypto portfolio from scratch. Iconiq Funds intends to resolve this.

Additionally, Iconiq Funds intends to adopt regulations and is working to be aligned with the future structure of the Crypto market. It's taking a proactive effort to abide by regulatory jurisdictions and to comply with industry standards and laws.

This factor gives Iconiq Funds the credibility the vast portion of investors demand. Iconiq Labs claim of being the platform for professionally managed digital asset funds is not just an assertion, but a reality evidenced by its team's efforts and long-term goals.

As Iconiq Funds goes on to make diversified investments across Crypto easy to access through index ETFs that comply with regulations, a new wave of investment interest could enter the cryptocurrency market. This development takes investments in cryptocurrencies a leap forward.

Essential Links

🌐 Website: https://iconiqlab.com/
💡 Whitepaper: https://iconiqlab.com/icnq-white-paper
👨 ANN Thread: https://bitcointalk.org/index.php?topic=5023151
💻 Telegram: https://t.me/iconiqlabchat

Connect with me:
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