Croatian Financial Regulator Approves Bitcoin Fund
Croatia's financial supervisor Hanfa has approved a bitcoin alternative asset fund by Griffon Asset Management.
Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million.
Crypto investment firm Grayscale has told the SEC the dollar value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion.
The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations.
NYDIG has set up another bitcoin fund, raising $5 million from accredited investors but it's unclear what differentiates this one from its previous funds.
This is NYDIG's second raise for a bitcoin fund this year.