Nate Maddrey
@nmadd
Most indexes are weighted by market cap so if you want something similar to SPY you’d give BTC the biggest allocation, then ETH, etc. There have been a lot of crypto index funds created over the years, e.g. Bitwise 10 which tracks top 10 assets weighted by market cap https://bitwiseinvestments.com/crypto-funds/bitw Part of SPYs appeal though is it’s super liquid since it gets so much trading volume. And it truly gives good diversification of mostly good stocks. But beyond the top 3-5 you end up with a lot of shitcoins in crypto indexes. So personally I just hold the major crypto tokens and occasionally rebalance myself rather than invest in an ETF or index
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matthewb.eth
@matthewb
great post, thank you
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