{"id":46679,"date":"2021-07-26T13:34:10","date_gmt":"2021-07-26T10:34:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46679"},"modified":"2025-09-01T17:38:53","modified_gmt":"2025-09-01T14:38:53","slug":"stone-ridge-holdings-group-nydigs-parent-files-to-launch-a-leveraged-bitcoin-fund","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stone-ridge-holdings-group-nydigs-parent-files-to-launch-a-leveraged-bitcoin-fund\/","title":{"rendered":"Stone Ridge Holdings Group, NYDIG\u2019s parent, files to launch a leveraged bitcoin fund"},"content":{"rendered":"<p>Stone Ridge Holdings Group, which manages about <a href=\"https:\/\/whalewisdom.com\/filer\/stone-ridge-asset-management-llc\">$9.1 billion<\/a>, the parent of NYDIG, has filed with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to launch the Stone Ridge Bitcoin Strategy Fund, which will invest in bitcoin, the first cryptocurrency.<\/p>\n<p>The fund will invest in futures tied to digital gold and in instruments designed to provide direct or indirect exposure to it.<\/p>\n<p>The strategy targets capital growth. It is expected that the fund will be able to leverage up to 1.25x.<\/p>\n<p>The filing was made on Form N-1A. It is used to establish open-end management investment companies, including mutual funds. In structure the fund resembles <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1559992\/000119312521158616\/d735267d485apos.htm#toc735267_2\">NYDIG Bitcoin Strategy Fund II<\/a>.<\/p>\n<p>In February, Stone Ridge filed to launch the <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001559992\/000119312521055278\/d129263d485apos.htm#tx129263_2\">Diversified Alternatives Fund<\/a>. Its investment targets are bitcoin and other alternative instruments.<\/p>\n<p>In October 2020, Stone Ridge <a href=\"https:\/\/forklog.com\/en\/news\/stone-ridge-holdings-group-nydigs-parent-buys-10000-btc\">acquired 10,000 BTC<\/a>. The coins were purchased and held in custody by its subsidiary New York Digital Investment Group (NYDIG). In June, NYDIG and FS Investments <a href=\"https:\/\/forklog.com\/en\/news\/morgan-stanley-clients-to-invest-in-nydig-bitcoin-fund\">filed with the SEC an application<\/a> for the registration of a bitcoin fund intended for Morgan Stanley clients.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stone Ridge Holdings Group, which manages about $9.1 billion, has filed with the SEC to launch the Stone Ridge Bitcoin Strategy Fund, which will invest in bitcoin, the first cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":46680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1156,1690],"class_list":["post-46679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-institutional-investors-and-whales","tag-nydig"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=46679"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46679\/revisions"}],"predecessor-version":[{"id":46681,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46679\/revisions\/46681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/46680"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=46679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=46679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=46679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}