In a market once dominated by a handful of BTC vehicles, there are now a growing number of products offering investors access to gains from popular altcoins like Polkadot.
Yesterday, Osprey Funds announced the launch of the Osprey Polkadot Trust. The fund, which will be available to accredited investors with a $25,000 minimum, is set to be listed on the OTCQX market “as soon as possible,” per a press release from the company. Coinbase will serve as the fund’s custodian.
The fund will give investors access to one of the largest layer one smart contract chains via familiar rails, and joins a growing list of digital assets equity investors can now gain exposure to.
“The appetite for next generation crypto investment vehicles is only increasing,” said Osprey CEO Greg King. “Osprey is just getting started on a series of compelling investment funds that will provide access to some of the most exciting coins and tokens.”
Osprey has positioned itself as a competitor