2. Monetary fund is an open-end fund that collects idle funds from the society, is operated by the fund manager and kept by the fund custodian. Different from other types of open-end funds, money market instruments that specialize in investing in low risks have the characteristics of high security, high liquidity, stable income and "quasi-savings".
Due to the emergence of digital currency, a new type of money fund-virtual money fund has appeared in the field of money fund. Also known as the digital currency Fund. For example: BlackRock digital currency Fund.