The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG.
Bitcoin saw the quietest trading week since October 2020.
OBTC is filing to become an SEC reporting company in a move that could put it on par with Grayscale's offering.
The fund, managed by Gregory Krenzer, will invest in bitcoin futures and exchange-traded products with bitcoin exposure.
The amount of money leaving was significantly less than the previous, record week of $141 million.
One River Digital's index adds tokenized carbon credits as a premium to the bitcoin purchased.
New SEC filings show the investment giant’s Wise Origin Bitcoin Index Fund is one of the largest of its kind.
The bitcoin fund launched last month and appears to have one $10 million investment so far, SEC filings show.
The fund opens to accredited investors on May 1. Previously, the vehicle only included a handful of Valkyrie clients.
Inflation remains a key focus, according to a survey of global investors, although risk of a "Fed taper" appears low.
The JPMorgan bitcoin fund could roll out as soon as this summer, sources tell CoinDesk. NYDIG will be the fund’s custody provider.
The crypto markets data company said ETFs would solve the problem.
The fund, based in Labuan, Malaysia, aims to open access to digital assets for Southeast Asian institutional investors.
The California fund manager joins a crowded field of firms hoping to dethrone Grayscale's GBTC.
The fund is structured similarly to the Grayscale Bitcoin Trust, but aims to compete with lower fees.