What is the definition of a units trust in the context of cryptocurrencies?

3 answers

• ArkharisSep 04, 2025 · 2 months ago
  A units trust in the context of cryptocurrencies refers to a type of investment vehicle that allows investors to pool their funds together and invest in a diversified portfolio of cryptocurrencies. It is similar to a mutual fund, where investors buy units or shares of the trust, and the trust's assets are managed by a professional fund manager. The fund manager makes investment decisions on behalf of the trust, aiming to generate returns for the investors. Units trusts provide a convenient way for individuals to gain exposure to the crypto market without having to directly buy and manage cryptocurrencies themselves.
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• Jajlovely JajlovelyMay 14, 2022 · 4 years ago
  In simple terms, a units trust in the context of cryptocurrencies is like a basket of different cryptocurrencies. Instead of buying individual cryptocurrencies, investors can buy units or shares of the trust, which represent a proportional ownership of the underlying cryptocurrencies held by the trust. This allows investors to diversify their crypto investments and reduce the risk associated with holding a single cryptocurrency. The value of the units or shares will fluctuate based on the performance of the underlying cryptocurrencies. Units trusts are often managed by professional investment firms or asset managers who have expertise in the crypto market.
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• Kelleher MonradNov 26, 2024 · a year ago
  BYDFi, a leading digital asset exchange, offers units trusts as part of its investment products. With BYDFi units trusts, investors can gain exposure to a diversified portfolio of cryptocurrencies, carefully selected and managed by our team of experts. By investing in a units trust, investors can benefit from the potential growth of the crypto market while leaving the management and security of the assets to professionals. Units trusts provide a convenient and secure way for individuals to participate in the crypto market, especially for those who may not have the time or expertise to manage their own crypto investments.
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