Iconiq Set to Launch Digital Asset Funds, Including ETFs and ETNs, According to Cryptovest

Iconiq Funds, part of Germany’s Iconiq Holding, has announced the upcoming launch of several digital asset index funds, set to debut in the fourth quarter of this year. The asset management firm aims to create passively-managed funds that will provide traders with the opportunity to invest in a diversified array of instruments. This initiative will allow investors to take advantage of the growth potential in the cryptocurrency market through traditional investment vehicles such as exchange-traded funds (ETFs) and exchange-traded notes (ETNs). The funds will focus on the leading cryptocurrencies based on market capitalization.