Traditional asset management has finally woken up; institutions no longer need to hold Bitcoin themselves to have a USD long exposure. This is a must-have for institutional funds.

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MeNews
Further and 3iQ add USD Class II shares for the Alpha Digital Fund
ME News June 1st report, UAE Further Asset Management and Canada 3iQ announced the addition of USD Class II shares for the Further x 3iQ Alpha Digital Fund (ADF), allowing USD investors to gain BTC long exposure and excess returns without holding Bitcoin. ADF currently has USD Class I, USD Class II, and BTC shares; USD Class II is subscribed and redeemed in USD and maintains BTC long exposure; BTC shares are denominated in Bitcoin, targeting investors increasing their BTC holdings. ADF was jointly launched by the two institutions in December 2025. (Source: Foresight News)
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