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Crypto Hedge Fund Arca Is Launching A New Bitcoin Trust
Summary: Another company enters the Bitcoin Trust wars, challenging Grayscale's GBTC crown in a crowded field. Arca, an investment management firm offering institutional-caliber products to confidently gain exposure to digital assets, is launching a new Bitcoin trust product--Arca Accredited Investor Bitcoin Trust, according to a document filed with the Securities and Exchange Commission (SEC). The new fund has ...
Another company enters the Bitcoin Trust wars, challenging Grayscale's GBTC crown in a crowded field.
Arca, an investment management firm offering institutional-caliber products to confidently gain exposure to digital assets, is launching a new Bitcoin trust product--Arca Accredited Investor Bitcoin Trust, according to a document filed with the Securities and Exchange Commission (SEC).
The new fund has sold for $100,000 with a minimum investment of $25,000. As of press time, other details such as annual fees have not been disclosed.
By Mary Liu
Tags: Arca,Bitcoin,Bitcoin Trust,GBTC,Grayscale,SEC
Link: Crypto Hedge Fund Arca Is Launching A New Bitcoin Trust [Copy]