So lets say that index fund consists only of btc and eth...what would the price for 1 icnx be? I still cant wrap my head around that one
Lets say current prices are ETH 50$, BTC 1000$ and BTC is weighted with 80%, ETH with 20% in the case of ICNX containing only those two currencies,
the price for 1 ICNX would be 810$ (=50*20/100+1000*80/100)
Thank you!