Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund By Cointelegraph


Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund

Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Fund in line with regulation. The registration reads:

Wilshire’s new Bitcoin Commodity Trust aims to have its shares available for public trading on OTC Markets Group, Inc.’s OTCQX Best Marketplace. Once issued, shares of the trust can be bought and sold throughout the trading day like any other publicly traded security, the filing added.

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