Bitpanda has launched new thematic Bitpanda Crypto Indices (BCI) as an easy, automated way for anyone interested to invest in different segments within the crypto space.
The complexity of the cryptocurrency market prompted Bitpanda to introduce its Bitpanda Crypto Indices in 2020 for people interested in a hands-off approach to crypto investing.
The fintech’s Crypto Indices allow both experienced and new investors to build a diversified crypto portfolio without having to do their own due diligence on specific crypto projects.
Initially, Bitpanda launched three different Crypto Index products – the BCI5, the BCI10, and the BCI25 – which auto-invest in the top 5, top 10, or top 25 cryptocurrencies based on their popularity measured by market size and liquidity.
Due to popular demand, Bitpanda has extended the existing offering. Its new Crypto Indices will offer investors the opportunity to invest in crypto projects in the areas of Metaverse, Infrastructure, Smart Contracts, and Decentralised Finance (DeFi) and allow them to keep track of the most important, fast-evolving crypto market trends.
This product extension focusing on industry trends expands Bitpanda’s industry-leading Crypto Indices offering while providing investors with a convenient way of investing in cryptocurrencies.
“We launched Bitpanda Crypto Indices as a game changer for all people interested in crypto, especially newer investors who didn’t know where to start building their crypto portfolios. ETFs tracking the world’s biggest markets had been growing in popularity for years, but there was no easy way to do the same with crypto. With the Bitpanda Crypto Indexes, we offered our customers the opportunity to get exposure to the crypto market and start investing in crypto. Now, it’s time for the obvious next step. These four new Crypto Indices give people the chance to invest in areas they are passionate about. There’s no hassle, no need to constantly research new crypto projects, just a simple way for everyone to diversify their portfolios”, stated Eric Demuth, Co-Founder and CEO of Bitpanda.