Trending
​
Top Tags

The Wise Origin Bitcoin Index Fund I, which was launched by Fidelity Investments’ managing director Peter Jubber last August, has reported $102 million in total sales in its May 26 filing with the U.S. Securities and Exchange Commission. 

The Bitcoin-only investment product has attracted a total of 83 investors.

With the minimum investment of $100,000, the passively-managed Bitcoin fund was designed specifically for deep-pocketed purchasers.

Fidelity became involved in Bitcoin back in 2014, with CEO  Abigail Johnson being one of the cryptocurrency’s earliest major supporters.

In March, Fidelity also filed an application for a Bitcoin exchange-traded fund called the “Wise Origin Bitcoin Trust.”    

Contributed by U.Today.

On By Admin

You may also like

How Crypto Works?

One of the key aspects of the chain is its immutability. It is not possible to alter or delete transactions.

Why Is Crypto Down? The Truth.

Cryptocurrencies have experienced a significant decline in value over the past year. There are several significant reasons why the market has experienced such a downturn. Let's take a look the truth on why crypto is down.

Kraft Heinz CEO says people must get used to higher food prices

The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting companies to increase prices.

Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change

Now, in case someone is still confused, none of these institutions, and not a single of the erudite officials running them, give a rat's ass about the climate, about climate change risks, or about the fate of future generations of Americans (and certainly not about the rising water level sweeping away their massive waterfront mansions): if they did, total US debt and underfunded liabilities wouldn't be just shy of $160 trillion.
There is something wrong with Feed URL