Arca has raised $100,000 from Crypto investors they made their first sale on February 16 of this year. Arca’s previous ideas banked on small- to mid-cap cryptos token called ArCoins that served as a proof of concept for Ethereum-based securities.
Crypto hedge fund Arca is launching a bitcoin trust product, according to documents filed Thursday with the U.S. Securities and Exchange Commission (SEC).
Arca ensure their great service to help companies manage large amounts of cryptocurrencies and offers hedge funds for investors who looking to get into cryptocurrencies.
Their latest fund is open only to accredited investors who can bring a minimum of $25,000 to the table. The securities are “restricted,” meaning the shares can’t easily be re-sold. (Grayscale, meanwhile, mandates a $50,000 minimum investment, with holders unable to sell for at least six months.)