Apr 29 2021

US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance

published by Shaurya Malwa
in blog CryptoSlate
original entryUS bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance

btcusd investments

US bank BNY Mellon says one of its technology-focused funds had underperformed the market because it wasn’t exposed to companies investing in Bitcoin, a filing from yesterday showed. As of the second quarter of 2020,...