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Riding The Bitcoin Rollercoaster: Investors Launch $100M Fund Amid Industry Chaos
Thursday, March 16, 2023 - 7:08pm | 436A group of investors is seeking to raise $100 million for a Bitcoin (CRYPTO: BTC)-focused fund, despite the ongoing challenges faced by the cryptocurrency industry. What Happened: The Bitcoin Opportunity Fund targets high-net-worth investors who wish to diversify into Bitcoin and invest in...
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NY Hedge Fund Fir Tree Sues Cypto Asset Manager Grayscale As GBTC Drops To A Record-Low Discount Of 43% Vs Bitcoin
Wednesday, December 7, 2022 - 12:18pm | 430Digital currency investing and cryptocurrency asset management Grayscale Investments is being sued by New York-based hedge fund Fir Tree Capital Management for "potential mismanagement and conflicts of interest" at the company's flagship Bitcoin (CRYPTO: BTC) fund, Bloomberg reported...