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Tag Archives: bitcoin fund

Bitwise Has Put Away a Lot of Cash for Its BTC Fund

Over the past year, Bitwise – a crypto asset management firm – has managed to put away roughly $9 million for its bitcoin fund.Bitwise Is Growing FastA regulatory form filed with the U.S. Securities and Exchange Commission (SEC) discussed the data and suggested that the money came from more than 40 separate investors. The minimum investment amounted to just under $4,000.The paperwork was filed with the SEC after Bitwise announced that it was changing its name from Bitwise Bitcoin Fund, LLC to...

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Galaxy Digital Partners With Bakkt and Fidelity in Creating “Elderly” Bitcoin Funds

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...

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