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Malta financial watchdog approves Iconic's crypto index fund for stock market listing

In an Wednesday announcement, Iconic Funds said it expected to list its BITA20 XA Crypto Asset Index Fund on the exchange “in the coming days,” with the fund offering direct exposure to cryptocurrencies. The fund invests most of its capital in the top 20 cryptocurrencies in addition to depositing tokens into certain staking and interest-bearing accounts. According to Iconic, only individuals who qualify—and not the general public—will be eligible to invest in the fund.

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Source: Cryptocurrency - investing.com

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