Kudos to Coinbase for launching this but a 2% fee and the fact that Coinbase is far from being trustworthy in my book I am going to wait for when/if a company like Vanguard starts such a fund.
Don't hold your breath. Vanguard tends to err on the side of protecting the interests of retail investors. Hence, they don't do FOREX trading either.
Yeah, at 2% this is more akin to a mutual fund.
Forget mutual funds. That's closer to a hedge fund.
You should check out the Bitwise HOLD10 (where I work). We are backed by Naval Ravikant (Cofounder of AngelList and CoinList. Partner at Metastable), Avichal Garg (Part-time Partner at Y Combinator. Previously Director at Facebook), and Keith Rabois (former COO at Square: https://www.bitwiseinvestments.com/about