Popular bitcoin fund suspended ahead of new eu rules

The broker is still allowing investors to buy the popular XBT Bitcoin tracker – a fund that tracks the price of bitcoin. The fund, offered by a Swedish company, XBT Provider, is structured as an "exchange-traded note". Like the investment trust, this is a fund listed on the stock exchange, meaning it can be bought and sold like a share. Bitcoin has plummeted in price in recent days, dropping 30pc. It fell from an all-time high...

From: Tech News

1 Resources