Coinbase has filed a Form D 506c with the Securities and Exchange Commission for its Index Fund. The fund was announced earlier this month as a path for investors to gain diversified exposure to the fast evolving digital asset class.

The Form D shared little additional information on the pooled fund that is expected to be ongoing. By using Reg D securities exemption, Coinbase may open up the investment to accredited investors only.

Earlier this week, Coinbase said the platform was now ready to support Ethereum based cryptocurrencies thus ushering a new era for the crypto-exchange and popular wallet. Coinbase stated;

“We’re excited to announce our intention to support the Ethereum ERC20 technical standard for Coinbase in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren’t announcing support for any specific assets or features at this time. We are announcing this both internally and to the public as consistent with our process for adding new assets.”

An internal “asset selection committee” will be using a published framework to select which assets are added to the platform. The committee will conduct a legal and risk assessment of the proposed asset while assessing liquidity, price stability and other metrics. Coinbase will only list digital assets after they are listed on GDAX.