Exante Adds Share Trading To Global Bitcoin Hedge Fund

“Exante is the king of bitcoin funds. The tradeable fund shares are distributed exclusively through the Exante Hedge Fund Marketplace platform. Authorized and regulated by the Malta Financial Services Authority, Exante offers the Bitcoin Fund with an initial minimum subscription of $100,000 and a 0.5% fee for subscriptions and redemptions (1 Bitcoin Fund share = 1 bitcoin). The fund carries a 1.75% annual fee (payable in bitcoin to preserve the ratio) for managing the intricate security necessary to safeguard the bitcoin private keys.  Current assets under management in the Bitcoin Fund are $9.76 million (93,000 BTC) and there is no performance-based fee.”

http://www.forbes.com/sites/jonmatonis/2013/06/25/exante-adds-share-trading-to-global-bitcoin-fund/

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