SINGAPORE: SecondMarket Inc, where stock of private companies such as Facebook Inc traded before they went public, started the first US fund investing solely in the Bitcoin virtual currency.
Shares of Bitcoin Investment Trust (BIT) were being offered exclusively through SecondMarket, which also provided a US$2mil investment, the New York-based trading platform said in a statement.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!