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Amsterdam-based Finst, a cryptocurrency exchange platform founded by the ex-core team of European online stockbroker DEGIRO, announced on Monday that it has launched a new product named ‘Crypto Bundles’.
According to the company, Crypto Bundles will help users acquire many cryptocurrencies at once in a ‘basket’, much like with conventional stocks. Bundles resemble ETFs, which have gained popularity among ordinary investors.
However, investors in Crypto Bundles will be able to own the cryptocurrencies directly, in contrast to ETFs.
This means anybody can now invest in a Crypto Bundle, for instance, in the top 10 cryptocurrencies by market capitalisation or in the most sustainable cryptos available on the Finst platform.