What a cryptocurrency trading fund might look like – London Business News | London News

Cryptocurrency has endured a rocky road to the point that it currently inhabits the financial world. After its shocking rise from a somewhat informal internet idea to a millionaire-making investment and potentially game-changing piece of technology, it had to suffer a backlash from those worried about how it might upend everything that has come before in the world of personal finance. (As if that would be a bad thing.) It has now settled into a groove not quite near its heady heights, but also far from the doldrums where many predicted it would sink once people came to their senses. What has been encouraging for crypto backers in recent weeks is that there has been increasing talk about the possibility that people might be able to buy into crypto via a trading fund.

Up to this point, trading funds, such as mutual funds, exchange-trading funds, or hedge funds, were severely limited in the kinds of assets which could be included. Cryptocurrency was not one of the…