Fortress Investment Group to Launch Bitcoin Fund

Fortress Investment Group to Launch Bitcoin Fund

New York City-based Fortress Investment Group, a publicly traded company, is reportedly planning to launch a bitcoin investment fund. It's being reported that the investment vehicle may be an unlisted Exchange Traded Fund (ETF). It appears that there might be some association between Fortress's effort and that of San Francisco-based Pantera Capital. Pantera, which has as clients some Fortress executives, has filed with the Securities and Exchange Commission (SEC) an investment advisor entity called Pantera Bitcoin Advisors, LLC. The filing shows Pantera Capital as the owner of the LLC,....


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Quotes

With Bitcoin, you can send any amount of money, to anyone, anywhere in the world, instantaneously and for basically free. And you don't have to ask permission from a bank, a corporation or any government.

Roger Ver, Bitcoin Angel Investor and Evangelist