True: 1 minute read Japan's first bitcoin fund investment strategy.

In March 2017, Japan accepted bitcoin as the legal payment currency through the virtual currency act.
According to the nikkei, Japan's financial information provider, Fisco, will initially issue a $2.660m fund at the end of January 2018 to invest in bitcoins and other virtual currencies. In August 2017, it also issued a bitcoin bond. In the media manuscript, it announces the fund's investment strategy and objectives:
Investment strategy
(1) purchase of bitcoins and other virtual currencies;
(2) make profits by using the difference in the prices of virtual currencies between different national exchanges. (reselling bricks)
Yes, it's that simple!
Investment objectives
Annualized yield of 20%.
The Japanese fund's investment model is "simply crude", compared with the investment strategy set up by the us securities and exchange commission. The ETF strategy wrote in the report on its application for registration, its investment in the proportion of COINS and other virtual currency does not exceed 25% of the total assets under management, at the same time, the body of the other will be set up to isolate this part of the risk, the remaining assets will be invested in low risk products such as Treasury bonds. But even so, the creation of etfs has not been approved.
Previously, CNBC quoted Autonomous is expected Next, until the end of October, 2017, 127 encrypted digital currency funds on the market (the note: fund statistics according to the author's understanding, here should be a worldwide, including private equity), manages $2.3 billion of assets. The author's observation in the United States is also that the cryptographic digital currency is gradually flying into the ordinary people's homes, becoming a part of the after-dinner conversation, which is also a potential business opportunity for some business people.
But the foreseeable trend is that between the global liquidity will become flatter, digital assets in different countries of regulation will be followed in 2018-2018, when a large number of virtual currency market will "death" and disappear. The prospect of lying down to earn money was about to pass.