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Access here alternative investment news about Bitcoin Price Declines Despite Firm Planning Crypto Fund Launch

Bitcoin Price Declines Despite Firm Planning Crypto Fund Launch

by businessinsider.com posted 1year ago 35 views
Reality Shares, the tiny asset manager known for its blockchain exchange-traded fund, is preparing to launch a $100 million cryptocurrency hedge fund. It joins a crowded market of over 300 such funds. Even as the market for digital currencies sheds billion, corners of Wall Street are still hot on the burgeoning new asset class. Reality Shares, the tiny asset manager known for its blockchain-focused exchange-traded fund, is preparing to launch a $100 million cryptocurrency hedge fund. The California-based firm saw its assets under management increase by more than $100 million after its blockchain-ETF started trading earlier this year.

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