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The volatility will only increase with the introduction of professional speculators. "First Bitcoin Hedge Fund Launches From Malta Current assets under manage
by bitcartel 14y ago
The volatility will only increase with the introduction of professional speculators.
"First Bitcoin Hedge Fund Launches From Malta
Current assets under management in the Bitcoin Fund are $3.2 million (2.5€ million) and there is no performance-based fee. However, the fund charges an annual management fee o.5% of Net Share Value payable monthly in order to provide the sophisticated security and wallet management that one would expect with such large amounts at stake"
http://www.forbes.com/sites/jonmatonis/2013/03/08/first-bitcoin-hedge-fund-launches-from-malta/ http://www.forbes.com/sites/jonmatonis/2013/03/08/first-bitc...