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Bitwise Saw Its DeFi Index Fund Sold $32.5 Million In Two Weeks
Summary: According to Form D issued by the US Securities and Exchange Commission (SEC) on Wednesday, Bitwise Crypto Index Fund, which launched two weeks ago, has received $32.5 million in sales from 262 investors. Matt Hougan, Chief Investment Officer told CoinDesk that the fund is the fastest-growing fund under Bitwise. Although there are certain thresholds for private ...
According to Form D issued by the US Securities and Exchange Commission (SEC) on Wednesday, Bitwise Crypto Index Fund, which launched two weeks ago, has received $32.5 million in sales from 262 investors.
Matt Hougan, Chief Investment Officer told CoinDesk that the fund is the fastest-growing fund under Bitwise.
Although there are certain thresholds for private securities investment (such as meeting certification requirements, filing documents, wiring money, etc.), there is still a steady stream of investors to participate, "the pace shows no signs of slowing," said Hougan.
By Mary Liu
Tags: Bitwise,Bitwise Crypto Index Fund,Matt Hougan
Link: Bitwise Saw Its DeFi Index Fund Sold $32.5 Million In Two Weeks [Copy]
