The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional investors, as the company announced.
The funds are now live and investors can subscribe and redeem regularly as these are considered open-ended funds, similar to a mutual fund. The funds are only available for accredited investors. The Fintonia Bitcoin Physical Fund targets institutional investors seeking direct exposure to Bitcoin, allowing them to buy, store, and sell large amounts of the cryptocurrency.
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