skip to Main Content
bitcoin
Bitcoin (BTC) $ 84,677.69 1.46%
ethereum
Ethereum (ETH) $ 1,621.56 1.96%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.14 1.44%
bnb
BNB (BNB) $ 586.31 0.54%
solana
Solana (SOL) $ 129.34 1.87%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.252003 0.23%
dogecoin
Dogecoin (DOGE) $ 0.158563 2.54%
cardano
Cardano (ADA) $ 0.635518 0.18%
bitcoin
Bitcoin (BTC) $ 84,677.69 1.46%
ethereum
Ethereum (ETH) $ 1,621.56 1.96%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.14 1.44%
bnb
BNB (BNB) $ 586.31 0.54%
solana
Solana (SOL) $ 129.34 1.87%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.252003 0.23%
dogecoin
Dogecoin (DOGE) $ 0.158563 2.54%
cardano
Cardano (ADA) $ 0.635518 0.18%

Private German Bank to Launch Cryptocurrency Fund

Frankfurt, Germany
(Sean Pavone/Shutterstock)

Private German Bank to Launch Cryptocurrency Fund

Private German bank Hauck & Aufhauser is launching a cryptocurrency fund in January 2021.

  • According to an announcement on Thursday, the HAIC Digital Asset Fund will be aimed at institutional clients and hold a number of cryptocurrencies such as bitcoin, ether and stellar. The minimum investment will be €200,000 (US$243,000).
  • Frankfurt-headquartered Hauck & Aufhauser said it has seen digital assets and cryptocurrencies become increasingly attractive to institutional investors.
  • The fund managers will take a passive investment strategy while the cryptocurrency allocation will be based on the current market capitalization.
  • The bank is teaming up with the custody arm of Berlin-based fintech company Kapilendo, which will manage the secure storage of the crypto assets in the fund.
  • The crypto fund is one of the first to be launched by a private bank for high-net-worth individuals and institutional investors.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top