ToptenCryptoIndexFund's monthly update on the top ten cryptocurrencies experiment in 2023 (where $100 is invested and held for nearly six years in each of the top ten cryptocurrencies, including BTC, ETH, BNB, XRP, BUSD, DOGE, ADA, MATIC, DOT and LTC).

The portfolio has risen by 36% year-to-date with BNB being the winner in April. BTC remains ahead with ADA following closely behind.

ToptenCryptoIndexFund also compared its investment to the S&P 500 index during this period and showed that investing in cryptocurrency generated better returns.

This year ToptenCryptoIndexFund added a new feature comparing the performance of its top ten cryptocurrency investment portfolio to an index product called Alongside Crypto Market Index Token (AMKT) ERC-20 token representing a market-cap weighted index of the top 25 cryptocurrencies excluding stablecoins. Currently AMKT is outperforming ToptenCryptoIndexFund's top ten cryptocurrency investment portfolio this year.

Overall both portfolios have been profitable since January 1st 2023 but currently AMKT is outperforming ToptenCryptoIndexFund's Top Ten Cryptocurrency Index Fund.