Fund Product Update

Holon and Gemini launch crypto fund

Holon and Gemini have partnered up to launch Bitcoin, Ethereum and Filecoin funds, offering Australian investors and financial planners access to more regulated crypto access. The Holon Filecoin Fund is the first registered retail managed investment scheme for digital assets outside of Bitcoin and Ethereum. The funds use a regular retail managed investment scheme with direct investments.

BlackRock launches Bitcoin trust

In partnership with Coinbase, BlackRock has launched a Bitcoin private trust for institutional investors. The trust is available to US clients and is set to track the performance of Bitcoin.

BetaShares launches Metaverse fund

The Metaverse exchange-traded fund (ETF) has been launched on the ASX by BetaShares. The BetaShares Metaverse ETF is the first of its kind in Australia, aiming to track the Bloomberg Metaverse Select Index and offering access to 32 companies that generate revenue from activities relating to the Metaverse such as Roblox, NVIDIA and Meta Platforms. Exposure is gained from large, profitable tech and entertainment companies, as well as more specialised technology companies.