Even a couple of years ago, something called a Bitcoin Mutual Fund would have been regarded as a fanciful notion by most people and perhaps rightly so. However, during this period, a lot of advancements have taken place in the crypto world, and a genuinely strong ecosystem has emerged. That has now made it possible for a lot of new products to be introduced by enterprising firms. One of those is the mutual fund backed by Bitcoin.

In a new development that should come as good news for investors based in Asia, a Hong ...