Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors
published: 5 minutes ago
Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional...
smart summary beta
According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows. The second-largest crypto asset fund is CoinShares itself with $5 billion in assets under management. 3iQ launched Canada’s first institutional Bitcoin fund in April 2020, and it currently has $1.7 billion in assets under management according to the CoinShares report.