Investment management company Wilshire Phoenix has submitted amendment No. 3 to US SEC

According to Yahoo Finance, recently, investment management company Wilshire Phoenix has submitted amendment No. 3 to the US Securities and Exchange Commission (SEC) regarding the S1 registration statement for common stock IPOs. Once approved by the SEC, it will issue shares on the NYSE Arca. The fund will invest in Bitcoin and short-term US Treasury bonds, while Coinbase's custodian will also act as the Bitcoin custodian of the investment trust.