In just 14 days, Morgan Stanley’s FS/NYDIG fund has become one of the most popular private bitcoin vehicles, beating out far older industry offerings from Pantera and Galaxy by investor count, according to fund data compiled by CoinDesk.
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Early Data Published on Morgan Stanley’s FS/NYDIG Fund
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The early returns for FS NYDIG Select Bitcoin Fund LP indicate investors are indeed hungry for accessing bitcoin products through their institutional managers. Passive funds such as Morgan Stanley’s fare give clients unwilling to custody their own keys an easy way into the asset class.
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