While mutual fund deposits have surged, Fidelity has seen nearly $16 billion in net withdrawals over the past four years. Why? Because it's ramping up risk.
The SEC’s division of investment management demanded answers to at least 31 detailed questions about how mutual funds or exchange-traded funds based on bitcoin would store, safeguard, and price that asset.
REX Shares LLC and Van Eck Associates Corp are both proposing bitcoin funds that would use futures to access the market instead of investing directly in them
