Bitcoin has established itself over the last ten years as a non-correlated digital asset with an asymmetric risk profile. However, the complexities of procurement and safely storing Bitcoin have prevented institutional investors from effectively participating in the asset class. Access to Bitcoin remains difficult for many professional investors. Investors not only have to worry about obtaining Bitcoin in a credible way but also storing and securing their Bitcoin, making them prone to loss.
The Bitfundx Bitcoin & Ethereum Fund is a passive tracker of Bitcoin (BTC) & Ethereum (ETH). It effectively functions as a Bitcoin ETF. The fund is formally structured as a regulated Mutual Fund in the Cayman Islands and is available only to Accredited Investors. The fund provides investors with institutional level access to Bitcoin & Ethereum without the burden of buying and safekeeping coins. All Bitcoin & Ethereum held by the fund is kept with a Hong Kong listed Custodian and covered by insurance. The Bitfundx Bitcoin & Ethereum Fund offers weekly liquidity.
The assets of the Bitfundx Bitcoin & Ethereum Fund are covered by insurance and use a best-in-class Custodian. Assets are stored in cold storage wallets, secured in military grade vaults, with measures put in place to protect against physical, electronic, and electromagnetic attacks.
Weekly liquidity in a regulated fund structure allows accredited investors quick and efficient exposure to Bitcoin. Investors are not burdened with having to acquire or safe keep coins themselves and instead hold traditional shares.
The Bitfundx Bitcoin & Ethereum Fund is regulated as a mutual fund, administered by a professional fund administrator. We strongly believe that the digitisation of value, driven by blockchain technology, will be one of the most transformative themes of the 21st century.
After you have submitted a withdrawal, it will take 24 hours for the fund to liquidate your positions and send you your BTC.
We give no guarantees as with investing you may make a profit or a loss. With our past returns (which aren’t guarantees) we have been averaging around a little over 12-21% a month per your investment asset BTC (bitcoin).
All profits are calculated in Bitcoin, which means BITFUNDX’s objective is to increase your Bitcoin holdings. This might beg a question, why would you care about performance based on bitcoin? Well since 2010 bitcoin has been the most profitable asset in the world. Outperforming everything else. So it would only be right to add to that growth as our objective is to not only grow but also protect your wealth.
You may calculate your profit in both your local currency and Bitcoin. We recommend both so you know where you stand. In the rare chance you need assistance in calculating your performance don’t hesitate to message our live chat support.
So to simply put it, all profit gets split into the ratio 2:8 or if you prefer percentages it would mean 20% and 80%. The (2), (20%) is for BITFUNDX FUND, we take it as profit. The (8), (80%) of profit which is the larger portion is yours.
If your account was created from a referral link BITFUNDX shares 10% of your profit to the person who you got the link from. This does not mean we deduct it from your balance rather it is paid by us. On the other hand losses are bared on the clients account. Please note all accounts are updated every 24 hours.
Minimum investment on the website is 0.01 BTC, however if you are visiting a BITFUNDX Brokers office the minimum investment amount will be far higher. Note it is not necessary to visit us if you are investing or have invested. Due to the increased demand of appointments, only larger clients are handled.
In BITFUNDX we believe in freedom of will and thus we have set no minimum investment period, which means you can exit the fund at any given time.
BITFUNDX covers all taxes and mangement fees on property investment.
BITFUNDX has resolved most of the major issues faced by the Financial industry today. Providing more coverage for all our investors.