Jacob Weinig is set to become the latest institutional investor to launch a crypto hedge fund firm.
Iceberg Bitcoin Income Fund will be looking to open with Bitcoin and Ethereum options but will move on to accommodate other cryptocurrencies, mainly altcoins - cryptocurrencies that use blockchain for secure peer-to-peer transactions and don’t have large market caps of the likes of bitcoin and Ethereum - according to Weinig. The fund is currently headquartered in the Bahamas but has also an office in New York. The application for the crypto fund was submitted to the Securities and Exchange Comm
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