Neuberger Berman To Offer Bitcoin Futures Through $161 Million Commodity Fund

Bitcoin Magazine

Private investment firm Neuberger Berman is adding Bitcoin futures to its $161 million Commodity Strategy fund, according to a filing with the Securities and Exchange Commission.

Notably, Neuberger Berman will not be investing in Bitcoin directly, but rather will offer clients exposure through Bitcoin Futures.

According to Citywire, a spokesperson for the firm said it is using bitcoin price exposure strategically as a hedge against inflation, as Bitcoin “is scarce by definition.”

How To Get Free Crypto  

On Neuberger Berman’s Bitcoin strategy, the spokesperson continued, “In the interim, however, they believe that there will be strong price trends, including relative price trends, and as such believe exposure to a diversified, albeit modest, portfolio of such crypto assets offers another source of potential return to the portfolio.”

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.