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2018-08-28 16:00:38

New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum

Morgan Creek Capital Management, the investment house with $1.5 billion of assets under its wing, has refused to include Ripple in its new rules-based index fund. ‘A Lot Of Additional Risk’ As Forbes reports on the launch day of Digital Asset Index Fund August 28, Morgan Creek has opted to exclude any cryptocurrency with more than a 30 percent premine. Currently including eight cryptocurrencies to which institutional investors and other parties can now gain exposure,Read MoreThe post New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum appeared first on Bitcoinist.com.