So new offering…. Grab investor $$$$. Where is the downside if there is non-performance. Not their pocketbook. Filed 1/21/22. Offering effective 75 days later. Fink back in October stated he thinks there is tremendous opportunity in digital currencies he’s not sure of crypto space for long term
The proposed fund plans to invest at least 80% of its assets in stocks included in the index, according to the filing. It may allocate up to 20% in futures, options, swap contracts, cash and cash equivalents — all on equities. The fund will not invest in crypto directly or indirectly via crypto derivatives.