Summary
The Fund may invest in Bitcoin ETPs that directly hold bitcoin, including one sponsored by BlackRock, but only if they are listed on national exchanges.
Key Points
1. The fund may acquire shares in exchange-traded products (ETPs) that seek to reflect the performance of the price of bitcoin by directly holding bitcoin, including Bitcoin ETPs sponsored by BlackRock.
2. The fund will only invest in Bitcoin ETPs that are listed and traded on national exchanges.
3. This move indicates a growing interest in bitcoin and cryptocurrencies among traditional financial institutions and investment funds.