The key take-away of this piece:

• Asset management is primarily available to those who are already rich. This increases the gap between the poor and the wealthy. Now, CountingHouse lets anyone be a part of a managed fund; mininum investment is just 65 cents at current ETH price.

• An institutional fund--these are funds managed by large centralized entities--is something the crypto community should welcome. It will reduce arbitrage so market (prices) will be in equilibrium, and it could also act as a market-maker.