Bitwise Asset Management is one of the most prominent crypto index fund managers worldwide. It announced yesterday that Bitwise Blue-Chip NFT Index Fund was launched. Accredited investors will be able to access some of the most valuable non-fungible tokens in the world and art collections through the NFT Index Fund.
In 2021, the NFT market grew rapidly. CryptoPunks were purchased by millions of investors worldwide, including accredited and institutional investors. NFT trading volumes surpassed $10 billion in the third quarter 2021.
The crypto company mentioned that the Bitwise Blue-Chip NFT Index Fund was currently available to accredited investors. Private placement subscriptions can be made by this fund. Minimum investment is $25,000.
“New frontiers in art are rare.” Matt Hougan, Bitwise CEO, said that entirely new artistic mediums are even more rare. NFTs are the first digitally native means of owning art and collectibles. They have enormous potential for meaning, value and use in today’s digital world. This combination is a great opportunity for many investors. The Bitwise Blue-Chip NFT Index Fund aims to provide investors with simple and diversified access to digital art’s most valuable collections in an efficient way.
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