Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments. Wells Fargo – one of the oldest banks in the United States – has registered a new, pooled investment fund that offers its wealthy clients indirect exposure to Bitcoin (BTC).Fargo’s filing of a “Notice of Exempt Offering of Securities” — also known as a Form D — with the United States Securities Commission (SEC), reveals that the fund is called “FS NYDIG BITCOIN FUND I,” reflecting the fact that it is being incorporated as a limited partnership....
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