Decentralized exchange CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF), comprising several crypto assets including Bitcoin and Ethereum.
Announced Tuesday, the Bull Run dETF offers investors access to diversified portfolios within crypto ecosystem. The ETF comprise of 10 tokens including Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
That said, Investors can invest in these 10 tokens using just one crypto token and can withdraw into the same single crypto. The financial instrument aims to streamline investment processes, ensuring simplicity and decentralization, the company said in a press release.
“After investment, your assets will be diversified into 10 tokens, and when it’s time to withdraw, you have the flexibility to either receive these 10 tokens or have us convert your assets back into a single token of your choice.”
CrowdSwap made your journey simple at every step.
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