Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund

<header class=”article__header”> </header> <strong>The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> derivatives products. CME …

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