"VanEck is providing bitcoin financial products for institutional investors" for the Bitcoin Trust launched last week

Many domestic and foreign media said today that the CEO of VanEck Associates said that the company is currently offering a bitcoin-related financial product that is only open to institutional investors. But according to related information, this brokerage trading fund is called VanEck SolidX Bitcoin Trust 144A Shares. It is the Bitcoin Trust launched by VanEck and SolidX last Thursday. According to the verification, as of September 11, the fund's total net assets were only $40,400.