ICYMI, the meme token Shiba Inu (SHIB-USD) surged 51% after Elon Musk tweeted a pic of his new pup last week.

All investments come with risk but the volatility of cryptocurrency — which can rise and fall drastically with one tweet or puppy — has been a barrier to entry for more cautious investors.

The Mudrex Coin Sets launch today offers a new way to diversify your cryptocurrency investments through crypto bundles. Individuals select from bundles like “Web 3.0: Top 6 tokens changing the way internet works” or “VC 6: 6 tokens that VC and hedge funds have invested in.”

“No need to browse through 100s of coins, no need to make multiple orders, no need to manually manage,” maker Edul Patel wrote.

Theme-based bundles of assets isn’t a new idea. In fact, mutual funds and ETFs have been growing in popularity as a way for stock market investors to diversify their portfolios, simplify their work, and even back a space they believe in (like cannabis or sustainability-focused ETFs).

Unlike actively managed ETFs, it’s important to note that Coin Sets don’t offer active trading or actively hedge your position. They’re just there to help you chose what to invest in. Mudrex said it does monitor and change the bundles monthly, and handles rebalancing using “human intelligence + rules.”

The Mudrex launch comes at an interesting time in the U.S. Companies (like the Winklevoss brothers’ crypto exchange, Gemini) have tried launching Bitcoin ETFs for years but have been turned down by the Securities and Exchange Commission (SEC). Recently, the SEC did approve a few bitcoin “lite” equity ETFs though. These funds don’t invest in cryptocurrency itself, but in companies that engage in crypto activities like mining, trading, and infrastructure (80%), balanced by traditional stocks (20%).

With crypto ETF applications piling in, some speculate that broader approval from the SEC is on the horizon, which would have a big impact on crypto’s pervasiveness into the mainstream.

Meanwhile, startups like Mudrex look to fill gaps that exist globally for crypto investors.

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Dru Riley, founder of Trends.vc is on Product Hunt today for an Ask Me Anything discussion.

“We help entrepreneurs discover new markets and ideas. On February 10th, 2020 I posted the first-ever Trends Report, focusing on Problem, Players, Predictions, Opportunities, Haters, Solutions, and Key Lessons. Since then Trends.vc reached 48,000+ subscribers and 1,000+ Trends Pro Members. AMA!”