Asset management firm IDEG has partnered with Coinbase Prime to launch an actively managed fund for Ethereum.
Tracking the price of Ethereum ETH 1.91% while using futures arbitrage strategies to boost returns and smooth volatility, the fund will be part of the new TIMES (Trust, Interest, Mining, Yield and Structured Solutions) product suite, fund specific The size has not been disclosed.
Coinbase Prime is an integrated solution from Coinbase that provides secure custody, an advanced trading platform, and more.