Bitcoin exists as a self-sovereign, cryptographically verified digital asset that can be easily acquired and stored on a mobile phone. For retail investors, this convenience comes with a number of drawbacks, specifically around the risk of theft or loss. For professional asset managers such as financial advisors and institutional investors to get exposure to bitcoin, they have to satisfy a very high bar of legal and regulatory compliance. This paper and supplementary data will attempt to outline various fund structures and the current offerings.

• Investment funds simplify the process of acquisition, custody and management of digital assets.
• Various investment structures…

Almost every disruptive benefit of bitcoin is surfacing amidst the COVID-19 crisis

YTD performance as of April 7th

Bitcoin: +1.7%

S&P 500: -3.2%

Investment Grade Bonds (LDQ): -16.0%

We experienced the largest short-term drawdown in 33 years. Stocks, corporate bonds and treasuries are licking their wounds from one of the largest market dislocations in our lifetime. A run on physical gold has rendered that market grossly inefficient, if not frozen at times. Bitcoin, as an electronic alternative to gold, has the hard money characteristics that investors seek in such a dire landscape.

Former Federal Reserve Chair, Janet Yellen, “The Fed…is far more restricted than most other central banks…it would be a substantial…