VanEck, Waiting for Verdict on Bitcoin ETF, Starts Taking Private Crypto Bets
The bitcoin fund launched last month and appears to have one $10 million investment so far, SEC filings show.
The company will open offices in Australia and Hong Kong.
BitGo, Coinbase, Gemini, Kraken and Fidelity are putting an anti-money laundering solution up for consideration.
The fund seeks to raise A$25 million ($18.4 million) over a three-month period, promising clients a 100% FIL return over five years.
The deal is the latest in a string of acquisitions in the crypto custodian sector.
Coinbase, Gemini and Kraken are all reporting technical issues at press time.