A $400 billion investment management firm, Neuberger Berman, recently announced adding exposure to Bitcoin and Ether derivatives and investment vehicles as part of the firm’s fund strategy.
Another Hedge Fund to Join Crypto
The SEC filing outlines that the asset manager will receive exposure to cryptocurrency via a subsidiary firm —with a minimum investment of $5 million. The filing comes after the firm disclosed a “Hedge Cryptocurrency Volatility Fund” in an SEC Form D Filling, which, as per the filing, has made no sales as of July 29.
The Fund may seek to gain exposure to cryptocurrencies, including bitcoin and ether, indirectly through cryptocurrency derivative instruments, such as bitcoin futures and ether futures traded on futures exchanges registered with the Commodity Futures Trading Commission, or indirectly through investments in investment vehicles that invest in cryptocurrencies. The Fund expects to gain exposure to these cryptocurrency investments primarily by inves

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Źródło: https://cryptopotato.com/400-billion-hedge-fund-neuberger-berman-approved-to-receive-access-to-bitcoin-and-ethereum/