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cryptocurrency fund

Bitcoin ETF

Will the Bitcoin ETF Bolster Prices?

Bitcoin has recently spiked to its yearly high north of $620, depending on the exchange. Among market hesitancy, a correction occurred bringing it to around $600, where it’s sat for the past couple weeks. Depending on your stance, Bitcoin’s price will go either way, but the market is becoming more informed of Bitcoin’s unique investing capabilities. This …

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Legitimate Cryptocurrency Investments: Cryptocurrency Fund

On September 25, 2014 SecondMarket launched the first USA based bitcoin fund (BIT). This is the first time, an American, can invest in Bitcoin, the volatile cryptocurrency, without actually purchasing it. The fund is known as the Bitcoin Investment Trust was created and is managed by the Alternative Currency Asset Management, owned by SecondMarket. This …

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