Breaking: Paris Asset Manager Starts Bitcoin Mutual FundsteemCreated with Sketch.

in #crypto • 7 years ago

The French asset management company TOBAM, with $9 bln under management, has officially announced the creation of the first Bitcoin mutual fund.

The goal is for institutional investors to gain access to the cryptocurrency.

The company has created the fund as an unregulated alternative investment in order to provide a vehicle for allowing more regulated investors at the institutional level to gain Bitcoin exposure without the regulatory concerns.

#news
7 years ago in #crypto by
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