Crypto News - Free Signals

Asset management firm Neuberger Berman has given its $164 million commodities-focused mutual fund the go-ahead to invest indirectly in bitcoin (BTC, -1.58%) and ether (ETH, -2.37%) for the first time.

“Neuberger Berman Commodity Strategy Fund” added crypto derivatives, bitcoin trusts and exchange-traded funds (ETFs) to list of permissible investment strategies, the $400 billion manager said in Wednesday’s regulatory filings.

The fund, which as a mutual fund would be widely available to investors, has been on a tear this year as commodity prices surged, according to a fact sheet. Its top holdings were gold, corn, heating oil and Brent crude at the end of June.

Click For Free Crypto Signals

//signalforall.com/wp-content/uploads/2020/08/footer_logo_deep-1.png
de_DEGerman