Bitwise Bitcoin fund files for approval to be publicly traded

posted 24 days ago
Bitwise Bitcoin fund will seek to offer investors a new, low-cost option for accessing Bitcoin exposure in a traditional brokerage account, with an expense ratio that is 0.50% (50 basis points) lower than the largest publicly traded Bitcoin investment trust.

Bitwise has over $700 million in assets under management, and has begun the regulatory process to allow shares of the Bitwise Bitcoin Fund to trade on OTCQX. If approved, shares of the fund would be available for trading in traditional brokerage accounts and for custody with many traditional custodians.
Tags: bitcoin, news