nah... I disagree with investing in these centralised instruments - crypto mutual fund and all... I prepare a coin I am acquited with...but it should work. I not read your entire article, but index crypto funds have been there, almost since I come into web3 space... its popular abroad...i think 2019 only I was hearing about it... India I don't know man... don't even think crypto investment viable here... but things would change in course of time... THere are too many projects today in AI, in privacy blockchain, DEFI and very complex to understand. I won't mind if index fund are made for latest asset - because can't track them, web3 is huge and growing(:
its complicated still... and evoling. Anyway...good your seeing practical options, but I see index funds they pick the known ones for bigges to invest...not the unknown gems...better to find them out ourselves... but its hard for sure. Not into investment for ages - because don't have nag for it because utimately you got to make money for that you need timing - see latest coins and buy and sell in time.
Even projects with sound fundamentals don't take off... takes whale money...hype and its a lot for me, be in glamour world.