Following on the success of BTC ETFs, the next roadmap should be a crypto index fund like the S&P 500 and include heavyweights like LTC, GRT, BTC, QNT, ICP, ADA, etc.

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Following on the success of BTC ETFs, the next roadmap should be a crypto index fund like the S&P 500 and include heavyweights like LTC, GRT, BTC, QNT, ICP, ADA, etc.

I think index funds like the S&P 500 would be the next big thing in crypto. Of course picking 500 coins would be impossible so we should just stick with the top 10.

From CoinGecko based on a weighted average of trade volume and market cap, filtered out stablecoins and a few coins I don't believe in, I can easily see at least LTC, GRT, BTC, QNT, ICP and ADA, collectively taking the lead with room for 4 more to make it an even 10.

These market heavyweights (herein referred to as LGBTCQIA+) can form the basis of a new index fund to power the next wave of financial investment.

My portfolio currently looking something like: 20% LTC, 10% GRT, 5% BTC, 5% QNT, 3% ICP, 7% ADA….

The idea is to minimize risk by investing in the broader market. This way, for example, if some "ETH killer" actually ends up beating ETH (and I do believe this to be unlikely atm), I should not be left out on the sidelines. And it should also prevent me from overbuying some soon-to-die "ETH killer" that may be looking good now.

submitted by /u/phatangus
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