Australia’s first capital growth fund to offer wholesale investors exposure to Bitcoin has received inquiries from some of the country’s largest wealth groups and a superannuation fund, according to the fund’s founder.
Fast Facts:
- While retail crypto investment is relatively straightforward, institutional investment in crypto is much more complicated. Brisbane-based Monochrome Asset Management allows regulated investment in the form of a unit trust that can be easily added to portfolios in the same way as real estate or stocks. The minimum investment is AU$50,000.