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Number Of Cryptocurrency Funds Growing

11-01-2018 09:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PRNews2019

To contribute to the current crypto cycle there are two options: conventional currencies or
cryptocurrency. Here at ABPT Crypto (Asset Backed Palladium Token) we recommend using the
second option as it’s safer, faster and more profitable.
There is a constant rise of interest towards cryptocurrencies — not only on the part of
investors, but also on the part of investment funds.
The increasing amount of investment hedge funds that advise their customers to invest in
cryptocurrencies is an undeviating proof of how digital currencies mature and become sturdier
on the financial market.
Rising exchange rate of cryptocurrencies fuelling attention internationally.
The main reason for the explosive evolution of hedge funds is the speedy upsurge in the price
of many digital currencies. For example, the value of Bitcoin in September increased by almost
700 % compared with a year earlier, while the value of Ethereum in the same timeframe
increased by 3,300 %. It’s extraordinary!
The ICO (Initial Coin Offering) market has also toughened up —$1.8 billion has been collected
since the beginning of 2018. Investment companies are constantly keeping their eyes on these
figures and do not overlook them and are don’t miss great opportunities to make a profit.
At ABPT Crypto ·we believe that the number of hedgefunds in relation to cryptocurries will keep
rising until the end of next year” states John Joyce, an analyst at ABPT, also stating “ we are
currently working on an exciting new asset backed palladium crypto which we believe is the
next best thing out there. Palladium is on the rise constantly and now is the time to take
advantage of that market”.
Palladium is also widely used in catalytic reactions in industry, such as in hydrogenation of
unsaturated hydrocarbons, as well as in wedding rings and other jewellery and in dental fillings
and crowns. So there is an ongoing wide range of use for it. But the main use of palladium,
along with rhodium and platinum, is in the three-way catalytic converters in car exhaust
systems, which is a booming industry especially in China.

ABPT is one of the world’s leading innovators of exchange-traded products (ETPs), providing specialist investment solutions across multiple asset classes.

Following the launch of the first Gold ETF in 2003, ABPT Fund were soon to launch their own Gold ETF, which was primarily traded by large corporate clients.

The success of the Gold ETF’s allowed ABPT to expand their range of investments to cover other precious metals, including Palladium.

Market fluctuations in Gold, Silver and other precious metals, whose value is at least in part directly related to fashion trends, can be difficult to predict with any level of certainty.

However, Palladium’s value is industry driven, predominantly as an essential component in catalytic converters.

The projected increase in demand for cars, both in China and India, coupled with a limited supply of Palladium, has created a steady rise in the value of the commodity over the past few years. Our expert analysts are able to predict with a reasonable level of accuracy, based on all the information available that this rise will continue at an accelerated rate over the forthcoming years.

It was on this basis that ABPT shifted their focus in order to concentrate on developing solid investment opportunities within the Palladium marketplace.

Based on this shift ABPT have subsequently become market leaders in the trading and investment of Palladium as a commodity, and bought to the market one of the strongest asset-backed Palladium bonds currently available, with a fixed minimum return of 8% per annum.

Ab suarez, 327 Pine Court, Canary Wharf, London, E14 2FT

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