KraneShares Files For Coinbase ETF To Track Top 50 Cryptos

KraneShares, an asset management firm, has filed with the U.S. Securities and Exchange Commission (SEC) to launch the KraneShares Coinbase 50 Index ETF. This ETF would track the top 50 cryptocurrencies by market capitalization, as defined by the Coinbase 50 Index. The filing reflects growing institutional interest in cryptocurrency-related investment products.