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Profunds launches first publically available Bitcoin Mutual Fund in the US

source-logo  coingape.com 28 July 2021 15:48, UTC

The rising demand for Bitcoin has made way for various regulated investment options offered by large financial institutions. One such product is now being offered by ProFunds, a firm that offers a diverse lineup of mutual funds. It has now launched the first publically available Bitcoin mutual fund in the United States. The fund would be called Bitcoin Strategy ProFund and represented by the ticker symbol BTCFX.

coingape.com