Morgan Creek, a capital management company that oversees more than $1.5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.The new cryptocurrency asset fund is the latest in Bitwise’s suite of cryptocurrency investment offerings, as the asset management company already owns the HOLD 10 Index Fund. It also aspires to launch a cryptocurrency ETF in the near future. As with the HOLD 10 Index Fund, this index takes aim at institutional investors looking to enter the digital asset market. According to its website, the Digital Asset Index Fund “securely tracks the largest investible digital assets and provides approximately 75% coverage of total digital asset market capitalization. The index will weight the majority of its portfolio on bitcoin, with ether receiving the second largest allocation. “The fund tracks the Morgan Creek Bitwise Digital Asset Index, overseen by an advisory committee comprised of the experts behind Morgan Creek’s asset allocation and Bitwise’s comprehensive, rules-based digital asset index methodology,” the website states.One of the fund’s most notable advisors is Anthony Pompliano, who has worked for Morgan Creek since his crypto-focused venture capital firm Full Tilt Capital was acquired by the investment house in Q1 2018. In addition to Pompliano, Morgan Creek CEO Mark Yusko and Bitwise global head of research Matt Hougan also sit o... For Further Information Click on Below Button