A&G, the leading private bank in Spain, has launched a crypto investment fund, becoming the first of its kind in the country. The fund will have exposure to Bitcoin and Ethereum, as well as a minority exposure to other cryptocurrencies with satisfactory levels of volume and liquidity. A&G stated that investors had expressed great interest in crypto investment and that the fund will be regulated and involve professionals subject to supervision, making it a safer choice for crypto-keen investors. However, the fund involves high levels of risk due to the extreme volatility, complexity, lack of transparency, custody, and concentration risk of cryptocurrencies, which may lead to the total loss of investment.