Express

Morgan Stanley's New Bitcoin Fund Sucks $29.4 Million In Two Weeks

Mary Liu

Summary: According to Coindesk,  FS NYDIG Select Bitcoin Fund LP, the new Bitcoin private equity fund launched by Morgan Stanley has raised $29.4 million from 322 investors in two weeks. It is one of the two Bitcoin investment tools provided by the banking giant, the fund is managed by FS Investments, and NYDIG is responsible for ...

According to Coindesk,  FS NYDIG Select Bitcoin Fund LP, the new Bitcoin private equity fund launched by Morgan Stanley has raised $29.4 million from 322 investors in two weeks.

It is one of the two Bitcoin investment tools provided by the banking giant, the fund is managed by FS Investments, and NYDIG is responsible for custody.

CNBC reported in March that Morgan Stanley will open up crypto investment to individual investors with at least $2 million or companies with at least $5 million. 

BY Mary Liu

Last Update:

Tags: ,,,
Link: Morgan Stanley's New Bitcoin Fund Sucks $29.4 Million In Two Weeks   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago

    • You need to login to comment.