Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Cointelegraph
Published Jun 12, 2020 05:20PM ET
Updated Jun 12, 2020 07:00PM ET
Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with regulation. The registration reads:
Wilshire’s new Bitcoin Commodity Trust aims to have its shares available for public trading on OTC Markets Group, Inc.’s OTCQX Best Marketplace. Once issued, shares of the trust can be bought and sold throughout the trading day like any other publicly traded security, the filing added.
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Written By: Cointelegraph
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