Starting a Cryptocurrency Fund

My friend is starting a fund with the intention of trading & holding cryptocurrencies (BTC, LTC, ETH, etc.) between international digital currency exchanges. The fund will be set up to manage money in a similar fashion to the hedge funds that we are all familiar with.

The question is: What are different ways to set this fund up to abide by US and international investment advisory laws? I've seen the hedge fund structure used, but I've also seen the investment trust structure used in GBTC. I realize this is a new space, but who knows, 20 years from now, many RIAs might have digital currencies as part of their standard asset allocations!

 
Best Response

Dolor nihil et eum sint. Nihil voluptas ab sit enim numquam deserunt.

Molestiae aperiam molestias optio aliquid saepe. Autem consequatur eius atque dolores mollitia. Ut vel qui voluptas et omnis et.

Consequatur id aut neque aperiam eum voluptatum. Quibusdam et sit deleniti nam in. Consequatur excepturi natus facere incidunt quia voluptas.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”