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🇳🇿 The First Bitcoin-Only Investment Fund Launches In New Zealand

This fund helps investors fully explore BTC without technical malfunctions.

Hey Blockster, Since early 2020, an increasing number of institutional investors, private companies, and even public enterprises like Tesla, Square, and MicroStrategy have joined retail traders and crypto holders to invest in BTC. However, unlike retail users who outright invest in crypto, institutional traders seek to gain exposure to Bitcoin without handling the technical side themselves – such as choosing an exchange service, depositing money, and withdrawing their funds to a secure wallet. For that reason, regulated cryptocurrency investment products like exchange-traded funds (ETFs) and mutual funds are in high demand. And to fulfill these needs, an increasing number of organizations are rolling out their own crypto funds in numerous jurisdictions. One of them is Vault Digital Funds that recently launched New Zealand's first Bitcoin-only investment fund. While competitor products already offered some exposure to the cryptocurrency, the Vault International Bitcoin Fund is the first NZ-based investment fund that focuses exclusively on BTC. To learn the details of the story, we highly recommend checking this article out on Blockdesk. It's Monday, which means we are back with a new collection of the most exciting cryptocurrency stories from the weekend. What Makes NFTs Game-Changers of the DeFi Space? The CEO of Sphynx Network Explains – Non-fungible tokens (NFTs) and decentralized finance (DeFi) are among the hottest sectors of the cryptocurrency right now. But is it possible to combine the two to get the best results? Check out this exclusive interview with Sphynx Network's CEO to learn the answer! How Is DAI Stable Without US Dollar Backing? – While stablecoins like USDT and USDC maintain their pegs to the US dollar via physical reserves, DAI achieves the same in a decentralized way and without actual USD backing. But how is this possible? Bitcoin Maximalism - Bitcoin's Proclaimed Reign Over the Crypto Industry – As the first, largest, and most popular cryptocurrency, Bitcoin has gained quite some followers since its launch in 2009. And, as thousands of altcoins are present on the market, the idea of "Bitcoin Maximalism" has become increasingly popular in the BTC community. Ocean DAO is Making Tremendous Headway – All You Need to Know – Featuring decentralized governance, decentralized autonomous organizations (DAOs) have become increasingly popular on the cryptocurrency market. And, in this article, we will explore OceanDAO that has gained quite some traction lately. That's all for today; hope you enjoyed today's stories. Be sure to check your inbox tomorrow, as we will return with more exciting Blockdesk articles. Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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