The Daily Hodl
2020-04-20 17:00:03

First Regulated Bitcoin Fund for Institutional Investors in Hong Kong Gains Approval From Securities and Futures Commission

Hong Kong’s Securities and Futures Commission (SFC) has licensed its first Bitcoin fund allowing, institutional investors to gain exposure to the world’s largest cryptocurrency by market cap. The fund will be managed by Arrano Capital, the blockchain arm of Venture Smart Asia Limited. It will track the price of BTC through a traditional fund structure. […]The post First Regulated Bitcoin Fund for Institutional Investors in Hong Kong Gains Approval From Securities and Futures Commission appeared first on The Daily Hodl.

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