ITI Funds launches ITI Funds® Crypto Index Fund based on ITI Funds Crypto Index

Frankfurt (7 March 2019) –  ITI Funds, a modern buy-side intermediary, advisory and asset management business, has launched the ITI Funds® Crypto Index Fund (ISIN: LU1961130702), based on the ITI Funds Crypto Index (ticker: ITIFC), an index administered by MV Index Solutions (MVIS).

The fund, which aims to give institutional investors access to the crypto market, complements the income and fixed income funds already launched by ITI Funds. It invests in cryptocurrencies from among the 30 most-capitalised crypto assets, including Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, ZCash, Stellar, and Ethereum Classic. To be included in the index’s investment universe, the assets must comply with a list of strict rules: admittance to listing on recognized and licensed exchanges, eligibility for insured cold storage and underlying liquidity.