Galaxy Digital will launch two new bitcoin funds in November

According to sources, Galaxy Digital's Galaxy Digital Asset Management will launch two bitcoin funds in November. Galaxy Digital will provide low-cost, institutionally managed bitcoin exposure to qualified investors and will invest in these two funds. The Galaxy Bitcoin Fund has a minimum investment of $25,000 and can be redeemed quarterly. The Galaxy Institutional Bitcoin Fund will allow weekly withdrawals with a minimum investment of more than $25,000.