Man Group is ready to add bitcoin to its ‘investment universe’



George
Rotariu uses the first bitcoin ATM in downtown Bucharest June 27,
2014.

Bogdan
Cristel/Reuters


  • Man Group, a UK-based investment management firm, said
    it would include bitcoin in its “investment universe” if
    bitcoin futures successfully launch. 
  • CME, the world’s largest exchange group, said it would
    launch a bitcoin futures product by year-end. 
  • Such a product could open the door to more
    traditional Wall Street firms entering the bitcoin
    market. 

One of the largest hedge funds in the world might hop on the
bitcoin trade. 

Luke Ellis, the CEO of Man Group, the UK-based investor with $95
billion in funds under management, said the firm would include
bitcoin in its “investment universe” if bitcoin futures
successfully launch,
according to a Reuters report

Ellis said during the Reuters Global Investment


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