Fidelity Investments’ first bitcoin fund has raised $102 million from wealthy investors since launching in August, according to Wednesday regulatory filings. Managed by Chief Strategist Peter Jubber, the Wise Origin Bitcoin Index Fund I, LP, is a passively-managed vehicle that Fidelity sells to qualified investors through its Fidelity Digital Funds subsidiary. Some 83 investors pooled their bets (at a minimum of $50,000 each) for a total raise of $102,350,437, the Securities and Exchange Commission (SEC) filings show. That’s enough to make Fidelity’s offering one of largest of its kind.

In this article

No tags related to this article.