In the Margins
Two mutual fund companies own 43% of Bitcoin Investment Trust, currently the only fund that invests exclusively in the cryptocurrency. Kinetics Asset Management owns 27.27% of the outstanding shares of Bitcoin Investment Trust, while ARK Investment Management owns 15.82% of the shares outstanding, according to Morningstar. Both companies have spread those holdings among several funds. Read the original story from InvestmentNews.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...