The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning.
Bitcoin Index Fund Filed With SEC
The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a new bitcoin fund. The issuer is Wise Origin Bitcoin Index Fund I, incorporated in Delaware this year. The minimum investment for this new bitcoin fund that will be accepted from any outside investor is $100,000. Fidelity Brokerage Services and Fidelity Distributors Company will receive sales compensation.
Peter Jubber, Head of Strategy and Planning at Fidelity Investments, is listed as “the President and a director of FD Funds GP LLC, the general partner of the issuer.” Jubber has also filed Form D with the SEC for two other funds of similar names that do not mention bitcoin: Wise Origin Fund I and Wise Origin Fund II. The former was filed in January and the latter in April.
A person familiar with the matter told Bloomberg on Wednesday that the…