The Wise Origin Bitcoin Index Fund I, which was launched by Fidelity Investments' managing director Peter Jubber last August, has reported $102 million in total sales in its May 26 filing with the U.S. Securities and Exchange Commission.
The Bitcoin-only investment product has attracted a total of 83 investors.
With the minimum investment of $100,000, the passively-managed Bitcoin fund was designed specifically for deep-pocketed purchasers.
Alex DovbnyaFidelity became involved in Bitcoin back in 2014, with CEO Abigail Johnson being one of the cryptocurrency's earliest major supporters.
In March, Fidelity also filed an application for a Bitcoin exchange-traded fund called the "Wise Origin Bitcoin Trust."
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Dan Burgin
Vladislav Sopov