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Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year

The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and digital asset-enabled internet.

https://www.coindesk.com/business/2023/03/02/investment-firm-ninepoint-proposes-switching-bitcoin-etf-strategy-after-falling-45-in-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Len AKA The Lengendāš” 2y ago

It is too bad they plan to make this move as compeititon in spot bitcoin ETFs will only drive down management fees. I'm surprised they didnt make a a whole new ETF.

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