2021-5-27 18:21 |
One of the world’s largest asset managers, Fidelity Investments' Bitcoin Fund raised $102 million from investors since its launch in August last year.
According to the filing with the US Securities and Exchange Commission (SEC), the asset manager amassed a total of $102,350,437 from 83 investors with a minimum investment of $50,000 each, in a matter of nine months.
Last month, Morgan Stanley’s standalone Bitcoin Fund, which is offered in partnership with NYDIG, aggregated $29.4 million in its first two weeks.
The pooled investment fund is a passively-managed vehicle that Fidelity sells to qualified investors through the company's subsidiary Fidelity Digital Funds.
Wise Origin Bitcoin Index Fund I, LP is managed by chief strategist Peter Jubber.
Bitcoin/USD BTCUSD 39,667.1447 $1,063.08 2.68% Volume 47.94 b Change $1,063.08 Open$39,667.1447 Circulating 18.72 m Market Cap 742.56 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=BTC&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~BTC~USD"); The post Fidelity Amasses over 0 Million from 83 Investors for its Bitcoin Fund first appeared on BitcoinExchangeGuide. origin »