CryptoGladiator
Sun Jul 14 2024
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5 answers
1310
Is the WisdomTree bitcoin fund regulated under the 1940 Act?
Could you elaborate on whether the WisdomTree bitcoin fund is subject to regulation under the Investment Advisers Act of 1940? Given the recent surge in interest and investments in cryptocurrency, it's crucial to understand the regulatory framework that governs such funds. The 1940 Act sets forth certain requirements for investment advisers, including registration, recordkeeping, and reporting. Clarifying this regulatory status is imperative for investors seeking transparency and accountability in their cryptocurrency investments.
