First Crypto ETF (FCTF) is a unique platform with its own designed authorized engine which perfectly manage digital assets. It acquires basket of crypto currencies as a file - what means in specific pre-defined value and % share for each crypto currency in one file.
Against this files are issued tradable tokens which can be bought/sold on crypto exchanges, peer-to-peer platforms and other venues. Everything is happening in real time, all around the world. Price of the tokens tracks value of coins in basket.