CoinShares Takes the Plunge into U.S. Hedge Funds
In a bold move that feels like jumping into a bear pit wearing nothing but a clown suit, major European cryptocurrency asset manager CoinShares is officially opening a hedge fund division in the U.S. market.
The Launch Announcement
On September 22, CoinShares let the cat out of the bag, announcing that it will now be providing offerings for qualified U.S. investors for the very first time. This new initiative, dubbed CoinShares Hedge Fund Solutions, is the company’s answer to the steadily growing appetite for cryptocurrency investments, particularly those focusing on Bitcoin (BTC).
Understanding the New Division
CoinShares is set to introduce a variety of private investment products through this division. According to the CoinShares Hedge Fund Solutions head, Lewis Fellas,
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