Coinbase, a US-based fiat-to-crypto exchange, launched a simplified new process to gain exposure to key cryptocurrency and this will be available to customers in Europe and the US “over the next few weeks.”

A new update called “Coinbase Bundle” allows Coinbase consumers to purchase a weighted basket of five crypto currencies currently available for trading on this platform. Starting from 25 USD customers will then get a cryptocurrency exposure that is weighted according to the market capitalization of each asset.

Similar to index funds in the stock market where this new feature will give investors a new crypto option that doesn’t need to know which assets to invest, easy exposure to the average return of five popular crypto assets such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin.

Different from existing crypto index funds because each asset in the bundle is stored in a separate wallet itself on the Coinbase platform and can be traded and transferred by customers independently from assets to other assets.

At the same time, Coinbase indirectly helps with short-term crypto assets. This week they launched a new web interface that allows users to borrow and short ether, 0x’s ZRX, BAT Brave, and REP Augur tokens or lend them via Compound to earn interest.

In the past Coinbase also played with the idea of ​​creating its own exchange traded fund (ETF). According to news circulating the company was in talks with Wall Street manager BlackRock about the possibility of launching ETFs or other exchange products. Even so it is not clear whether BlackRock is interested in playing a role in bringing bitcoin or ETFs related to crypto to the global market given the previous comments from the CEO of the company that his clients do not want crypto exposure.

Earlier this month Coinbase had announced a new and accelerated recording process for new digital assets on its platform Coinbase also added that it planned to record all assets that meet their standards. This new process is made possible by making it available to certain area users, which means that users in other areas may not always have access to the same assets.

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