FYI: At last count the Securities and Exchange Commission has rejected applications for 11 bitcoin exchange-traded funds. And earlier this month Bitwise Asset Management threw its hat in the ring when it filed an initial registration statement with the SEC for a physically held bitcoin ETF.
Despite the dramatic drop in bitcoin’s price since mid-December 2017, there remains substantial interest in the digital currency. And investors itching to invest in a bitcoin fund already have an option at their disposal with the Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC and has been open to investors as a publicly traded vehicle since 2015.
Regards,
Ted
https://www.fa-mag.com/news/yes--there-s-a-bitcoin-fund-you-can-invest-in-now-43084.html?print
