Smart Beta leader Tobam has come up with an announcement to launch TOBAM Bitcoin Fund as its new initiative in the unregulated investment sector. TOBAM Bitcoin Fund is looking to make Bitcoin accessible to qualified and institutional investors looking to gain exposure to cryptocurrency. The fund is something new in Europe that would provide investors the much needed exposure to cryptocurrency in order to benefit from TOBAM’s league research and IT solutions to gain track of Bitcoin value.
There are many different types of cryptocurrencies that are hitting the market now as a result of blockchain technology development but Bitcoin comes across as the most reliable out of all. Bitcoin has large market capitalization and is also considered as the most liquid asset. Despite several setbacks like limited transactions, high transaction charges, Bitcoin has garnered huge attention and support as the predominant cryptocurrency in the market.
TOBAM fund provides for a safer and convenient system for investors to gain exposure to Bitcoin. It provides a platform for transparent and reliable investment process that is integrates and organizes potential forks and also bring down chances of theft and loss.
Though Bitcoin value is considered to be highly volatile, it definitely provides for diversification of asset and this is the primal foundation of TOBAM. Being a leader in quantitative and systematic investment, TOBAM is known for its tight cyber security systems and latest technologies.
President of TOBAM Yves Choueifaty says, “Research is the founding pillar of TOBAM, and we have conducted research from a technical, financial, economic, and regulatory point of view on Bitcoin for a year prior to launching this fund. This first move in the world of cryptocurrencies showcases our dedication to remaining ahead of the curve and to provide our clients with innovative products in the context of unpredictable markets.”
Bitcoin is emerging slowly and steadily as a new form of digital currency and it is expected to reach new heights in the coming months.