Asset management company Stone Ridge applies to the US SEC for a bitcoin futures fund

According to documents submitted by Stone Ridge Asset Management to the US Securities and Exchange Commission (SEC), the company is launching a bitcoin futures product. On Wednesday, the company submitted a cash-settled bitcoin futures fund to the SEC called the NYDIG Bitcoin Strategic Fund. Stone Ridge, based in New York City, manages approximately $15 billion in assets to serve customers in the US and China. The company was founded in 2012 to provide portfolio management and consulting services.